Banks that provide financial transactions online.
Most banks and building societies now allow their customers to access their bank account details electronically, using a computer, interactive television, or even their mobile telephone. Electronic banking services now also encompass almost the full range of services available from a bank, including setting up payments, applying for loans and mortgages.
Most banks and building societies now allow you to access your bank account electronically by using a computer, interactive television, or your mobile telephone.
A form of banking where funds are transferred via an exchange of electronic signals between financial institutions instead of exchanging cash or checks.
conducted by Automated Teller Machines (ATMs), telephones (not via the Internet) or debit cards.
A means of banking other than making use of a physical branch. This incorporates utilising the Internet via your PC and modem, an Automatic Teller Machine (ATM) or alternatively some form of call centre / telephone banking facility.
Involves both the use of automatic teller machines (ATMs) and the instant processing of retail purchases.
A process by which a customer may perform banking transactions electronically without visiting a brick-and-mortar institution.
A service enabling users to access banking facilities over the Internet or other computer network. Also known as e-banking and, when the Internet is used, Internet banking (see also remote banking).
With the advent of the internet, banking is becoming increasing more electronic. It is now possible to see most accounts, including home loan account balances via online banking.
A way of banking that allows withdrawals, deposits and transfers to be completed and account information to be obtained electronically using processes such as telephone or Internet banking, ATMs or EFTPOS.
Many banking institutions provide computerized network services that provide account holders access to their accounts by personal computer. Customers may make payments directly to stores, credit card accounts, mortgage companies, utility companies, and other creditors. Individuals having two or more bank accounts may also transfer cash between accounts.
A form of banking in which funds are transferred through an exchange of electronic signals between financial institutions, rather than an exchange of cash, checks or other negotiable instruments.
A form of banking where funds are transferred through an exchange of electronic signals between financial institution, rather than exchange of cash, checks, or other negotiable instruments. The ownership of funds and transfers of funds between financial institution are recorded on computer systems connected by telephone lines. Customer identification is by access code, such as a password or Personal Identification Number (PIN), instead of a signature on a check or other physical document. See also Cyber Banking, Home Banking, Remote Banking.
A general term that refers to any form of banking that is effected remotely by electronic means. This can include banking by telephone (either fixed or mobile), PC banking or internet banking. In a corporate context, it generally refers to banking using electronic banking systems.