Fill in the blank:It enables customers to perform all routine transactions such as account transfers, ....., Bill payment and stop payment requests, and some even offer online loan and credit applications.

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Fill in the blank:It enables customers to perform all routine transactions such as account transfers, ____, Bill payment and stop payment requests, and some even offer online loan and credit applications.

A	Transactions
B	State bank
C	Desired bank
D	Balance enquiries

Explanation:

Detailed explanation-1: -Internet banking, also known as online banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website.

Detailed explanation-2: -Bank customers can perform online banking tasks, such as transfers of funds between linked accounts of the customer, payment of bills, application for loans, registration of utility bills and payment of bills, etc. Certain financial institutions offer some internet banking services such as personal accounting software.

Detailed explanation-3: -Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet.

Detailed explanation-4: -A bank transfer is when money is sent from one bank account to another.

There is 1 question to complete.