BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following is not an electronic Banking delivery channel?
A
Mobile Phone Banking
B
Internet Banking
C
Mobile Vans
D
Tele Banking
Explanation: 

Detailed explanation-1: -Bank overdraft as per Pass Book. Cheques issued but not presented for payment. Cheques deposited with bank but not collected. Cheques entered in Cash Book but not banked.

Detailed explanation-2: -The major types of E-banking are online internet banking, mobile banking, automated teller machine (ATM), and debit and credit cards.

Detailed explanation-3: -Electronic banking can be defined as the use of electronic delivery channels for banking products and services, and is a subset of electronic finance. * The most important electronic delivery channels are the Internet, wireless communication networks, automatic teller machines (ATMs), and telephone banking.

There is 1 question to complete.