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Explore the world of E-Banking including ATM, Credit Card, Debit Card, Tele Banking, Mobile Banking, Net Banking, SWIFT, and RTGS. Learn the benefits, features, and various types of cards and services in electronic banking. Discover the convenience, cost-effectiveness, and efficiency of modern banking solutions.
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New Technology in Banking :- - E Banking - ATM - Credit card - Debit card - Tele Banking - Mobile Banking - Net Banking - SWIFT - RTGS
E – Banking:- • Meaning & defn.: e.g. .Individual computer Banking , Net Banking , Online Banking , Phone Banking,etc. • Difference between E- Banking & Traditional Banking :- • Nature of E-Banking:- - Customer to bank E-banking - Bank to bank E- banking - Electronics central E-banking -Internet Banking
E-Banking : Need & Importance:- - Any time banking service. - Convenient banking . - Low cost banking service. - Quality banking. - Increase in production . - Speed banking . - Banking with high profitability. - Spectrum of services.
Automated Teller Machine :- ( ATM ) • General law of ATM : - Application form. - Trice card . - Code for personal identification. - Minimum balance of Rs.1000. - Withdrawal payment maximum Rs.20000 to 40000. - Facilities for holders of 24 hours. - Terms & rules may be different for different banks .
Benefits of ATM:- - Anytime service. - Fast service. - Scope. - Accuracy. - Saving time & cost.
Credit Card:- • Types of credit card- - Shop cards. - Travel & entertainment cards. - Bank credit cards. • Features of credit card- - Economic credit. - Registered fee. - Items credit cards. - Commission. - Over draft facilities .
Benefits of credit cards :- -Benefits for credit card holders. -Benefits for banks. -Benefits for members of firm.
Debit Cards :- -Types of debit cards: 1. Online debit card. 2. Offline debit card. - Benefits of debit cards:
Tele Banking:- • Services available for holders. 1. Information about balanced amount. 2. Request for checkbook. 3. Annual statement. 4. Transection . 5. Account statement. 6. Information about lost ATM, Debit card. 7. Request for services .
Mobile Banking :- - Types of mobile banking :- 1. Interactive Voice Response. 2. Short Messaging Services. 3. Wireless Access Protocol. 4. Banking Through a Mobile Van. 5. Fast Net Mobile Banking.
SWIFT:- Society for Worldwide Inter-banking Financial Telecommunication. • Establishment & Development of SWIFT.:- • Membership of SWIFT.:- • Operation system of SWIFT:- • RTGS:-Real Time Gross Settlement System. -26 march,2004. - Outgoing Fund Transfer. - Incoming Fund Transfer.