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Core Banking is a feature wherein officers of a bank in one branch can view the details of customers and accounts of the same bank's other branches. This was created to ensure that customers do not have to visit only their branch to make transactions. Instead they can walk into any branch of the bank in which they have an account and perform banking transaction. Also, the bank managers and other senior members of the bank get a holistic view of the banks performance and do not have to rely just on the reports sent by the respective branch representatives.

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Rosetta Pollich

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3y ago

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