Sunday, August 17, 2008






USES OF COMPUTERS IN BANKING:
E-Banking:

Electronic banking, also known as electronic fund transfer (EFT), uses computer and electronic technology as a substitute for checks and other paper transactions. ATM:
Automated Teller Machines or 24-hour Tellers are electronic terminals that let you bank almost any time. To withdraw cash, make deposits, or transfer funds between accounts, you generally insert an ATM card and enter your PIN. ATM use is increasing over the years.
DIRECT DEPOSIT:
Direct Deposit lets you authorize specific deposits, such as paychecks and Social Security checks, to your account on a regular basis. PC BANKING:
Personal Computer Banking lets you handle many banking transactions via your personal computer. You may use your computer to view your account balance, request transfers between accounts, and pay bills electronically. Point-of-Sale Transfers:
Lets you pay for purchases with a debit card, which also may be your ATM card.
BACK