This article throws light upon the six main channels used for the delivery of banking services. The channels are: 1. Branch Banking 2. Mobile Banking 3. ATM Channel of Banking 4. Mobile Banking or Phone Banking, Tele-Banking 5. PC Banking, y, Self Service Banking 6. Internet Banking, Online Banking, E-Banking. Channel # 1. Branch Banking: A branch of a bank [...]
After reading this article you will learn about the direct and indirect services provided at the branch of a bank. Direct Services Provided at Branch Level: A normal branch provides following services directly: 1) Acceptance of cash, 2) Payment of cash, 3) Issuing Drafts/pay orders, 4) Fixed deposits 5) Operation of Saving Account, Current Account, Over Draft Account, 6) Issue [...]
After reading this article you will learn about:- 1. Definition of ATM 2. Types of ATMs 3. Precautions. Definition of ATM: "ATM is an automated teller machine or automatic teller machine (ATM) which is an electronic computerized telecommunications device that allows a financial institution's customers to directly use a secure method of communication to access their bank accounts, order or [...]