4. INTRODUCTION
BANKING
1. A bank is a financial institution where you
can deposit your money.
1. Banks provide a system for easily
transferring money from one person or
business to another.
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5. FUNCTIONS OF BANK
• Accepting deposits from Public
• Lending money to public
• Remittances/Collection Business
• Keeping valuables in safe custody
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8. E-COMMERCE
E- commerce refers to any financial
business that is done online
E-Commerce is the paperless exchange of
business information using data
interchange, e-mail, fax transmission, and
electronic funds transfer.
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10. WHAT IS E-BANKING
Online banking or Internet banking.
In simple terms it does not involve any
physical exchange of money, but it’s all done
electronically, from one account to another,
using the Internet.
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From a personal computer, you can access
your bank account information, and perform
many banking functions, like transferring
money, making a loan payment
12. SERVICE RENDERED BY BANKS
Banks offer the following services to account
holders at their specified branches
multi-city / Payable at Par (PAP) cheque
facility
anywhere banking facility
trade services
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13. credit card
Debit/ATM card
mobile banking and Real Time Gross
Settlement (RTGS)
Locker facilities
phone banking facility
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14. TYPES OF E-BANKING
Online Banking
Phone Banking
Electronic Payment Services - E Cheques
Real Time Gross Settlement (RTGS)
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15. Electronic Funds Transfer (EFT)
Electronic Clearing Service (ECS)
Automatic Teller Machine (ATM)
Point of Sale Terminal
Tele Banking
Electronic Data Interchange
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17. CONCLUSION
The bank level changes through online
approach.
o "conventional banking to convenience
banking" and
o "mass banking to class banking".
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