Allows customers to do financial transactions on a secure website operated by their online virtual bank, credit union or building society.
This has helped greatly in promptness and efficient delivery of services.
Business & Finance > Personal Finance > Money Management > Banking > What financial services are available through electronic banking systems?
how many kinds of electronic banking?
Halifax banking is a large bank system in the United Kingdom. It provides all common bank services, such as savings accounts, checking accounts, and mortgages.
Zions Bank offers it members an array of services from checking and savings programs to foreign banking services. Some of the services that members may find available to them would be online and electronic banking, trust services, loans such as commercial, installment and mortgage. They also offer nationwide banking and automatic deposits for their members.
"Lloyds Online offers a verity of banking services such as debt consolidation loans, checking and savings accounts, electronic deposits and fund transfers and additionally they offer access to internet banking."
Yes, checks can be emailed to recipients through electronic check services or online banking platforms.
"Voice Response Unit" for telephone banking. It is the automated telephone banking systems common in most banks and credit unions when a customer or member makes electronic banking transactions or inquiries via telephone.
E-banking is an abbreviation for electronic banking.
The disadvantages of electronic banking are that there may be security concerns when banking online. There also is less customer service if you encounter a problem with your account.
ING offers common banking services such as checking accounts, home loans, investing, retirement accounts, children's savings accounts and CD's (certificate of deposits).
Electronic channels refers to all the service innovations that is presently taking place in the service delivery part of banking industry. It may include ATMs, online banking or electronic banking and so on.