--%>

Advance methods which are used in banks presently

What are the advance methods which are used in banks presently?

E

Expert

Verified

Advance methods that are using in banks:

A) Nearly all banks are utilizing Finacle software for banking accounting.

B) Banks contain opened big number of ATM branches for fast payment to customers anytime and anywhere.

C) Telephone banking and Mobile banking.

D) Video banking and video-conference.

E) Online banking beneath secure website.

   Related Questions in Financial Accounting

  • Q : Creative thinking & Problem solving

    General Instructions: In composing your responses to all tasks, please use full sentences and pay careful attention to spelling, grammar, punctuation, and clarity of expression. Both the content of your work and its present

  • Q : International portfolio for buying

    Why it is easier for an investor willing to diversify his portfolio internationally for buying depository receipts instead of actual shares of the company?

  • Q : Measures to avoid financial crisis In

    In integrated world financial market, financial crisis in country is rapidly transmitted to the other countries, resulting in the global crisis. State some of the measures would you propose in order to avoid the recurrence of the Asia-type crisis.

  • Q : Calculation of weighted average cost of

    Calculation of weighted average cost of capital: Under this following steps are undertaken: 1. Record amount in respect of various long term resources of firm. 2. Add up the amo

  • Q : Special drawing rights Discuss how the

    Discuss how the special drawing rights (SDR) are formed. And also, explain the circumstances due to which SDR was created.

  • Q : Calculate the bad debt expense for the

    The Webster Company uses the aging method to estimate the allowance for doubtful accounts. The following schedule of accounts receivable was prepared as at December 31, 20x6: Age Balance %

  • Q : Brokering Creativity Explain the term

    Explain the term Brokering Creativity in Creative industry ?  

  • Q : Asset-allocation funds Mutual funds

    Mutual funds that hold both bonds and stocks. Some asset-allocation funds follow specified allocation percentages and others take advantage of current condition. Those that take advantage of current condition is higher risk, because the fund manager tries to adjust the allocations to take advanta

  • Q : Components of social interaction

    Identify and explain important components of social interaction.

  • Q : Factors influencing real estate market

    What are the factors which influences real estate market?