Most banks in India offer branch free banking or core banking. If you have an account with the bank you can operate it in any of the bank's branches. This may attract charges as applicable but you can operate it anywhere.
There are also some smaller banks that offer only branch specific banking. you will not be able to operate those accounts anywhere else.
Almost all banks have migrated or are migrating to core banking.
This is the traditional form of banking where all the banking services are provided over the counter in the branch itself.
you can transfer via every major public bank in jakarta with specific fees depending of the amount money you will send!
E-banking in India dates back to the 1980s and was established to allow people to access a banking system using a telephone line. It started with basic services and grew from there. It's estimated that over 21 million people in India now use e-banking services.
ministry of finence. R.B.I BENKING SECTOR NON-BANKING SECTOR S.E.B.I R.O.C
ATM- Automated Teller Machine
This is the traditional form of banking where all the banking services are provided over the counter in the branch itself.
A Bank Branch is a registered office of the bank in a particular locality from where the bank carries out its functions. The branch is the place where customers visit to get their banking services catered to. Major banks have many branches across the globe
commercial bank system
Banking system in India is monitored by an agency called RBI. RBI grants licenses to new banks after consulting it with government agencies.
Branch Banking operations refer to certain banking operations carried out by a bank in certain specific branches. For ex: Let us take State Bank of India, SBI, They may have thousands of branches across india, but only a number of them would have safety deposit lockers. In this case, lockers facility would become a branch banking operation.
1885
you can transfer via every major public bank in jakarta with specific fees depending of the amount money you will send!
E-banking in India dates back to the 1980s and was established to allow people to access a banking system using a telephone line. It started with basic services and grew from there. It's estimated that over 21 million people in India now use e-banking services.
ministry of finence. R.B.I BENKING SECTOR NON-BANKING SECTOR S.E.B.I R.O.C
Branch Banking operations refer to certain banking operations carried out by a bank in certain specific branches. For ex: Let us take State Bank of India, SBI, They may have thousands of branches across india, but only a number of them would have safety deposit lockers. In this case, lockers facility would become a branch banking operation.
ATM- Automated Teller Machine
Chain banking means the situation like in India. the different branches of same bank will act as one unit. If one branch is making profit and another making loss, the loss making branch will not be closed.