BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
apart for cash deposits, Green channel counters have been enabled for ____
A
funds transfer
B
registration for MBS
C
cah withdrawls
D
all of these
Explanation: 

Detailed explanation-1: -It is a counter manned by a Teller where a Transaction Processing Device(TPD), similar to a PoS machine, is attached to the terminal. Customer swipes the Shopping cum Debit Card, selects a particular transaction and enters the amount and the PIN.

Detailed explanation-2: -SBI has launched paperless banking system called ‘The Green Channel’ counter at all its branches across the city. Here, customers of the bank can transact without using any pay in-slip, withdrawal forms, cheque books or remittance forms.

There is 1 question to complete.