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 [...]
After reading this article you will learn about:- 1. Features of On-Line/Internet Banking 2. Benefits of Internet Banking 3. Safety Measures. Features of On-Line/Internet Banking: On line or Internet banking has many features both for banks and for customers and Banks. Banks: Banks have number of benefits by introducing I-Banking: 1. Greater reach to customers, 2. Quicker time to market, [...]