--%>

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 : Ppe Question 3 The following

    Question 3 The following information is taken from the financi al statements of an entity: 20x6 20x5 Property, plant and equipment $4,100,000 $3,600,000 Accumulated depreciation (1,400,000) (1,050,000) Depreciation expense 650,000 Gain on disposal of PPE 35,000 The asset disposed of had

  • Q : Income Tax and Investment Calculator

    Introduction Your task is to produce a Java program, which can calculate income tax and investment growth based on the yearly income/salary of an individual. Below the details are descr

  • Q : Letter of Credit What do you mean by

    What do you mean by Letter of Credit?

  • Q : International and financial management

    Explain, how international financial management is different from the domestic financial management?

  • Q : Advantages and disadvantages of gold

    Write the advantages and disadvantages of the gold standard.

  • Q : Motivations for counterparty to enter

    Specify the basic motivations for the counterparty to enter into the currency swap.

  • Q : Capitalize earnings To transfer amounts

    To transfer amounts from retained earnings to contributed capital through stock dividends. The effect is to decrease retained earning and increase the stock account. Stock dividends also permanently retain the earnings in the corporation by moving it out of the retain

  • Q : Explain Gross margin Explain Gross

    Explain Gross margin with their appropriate formulas?

  • Q : Payment method-Buy pound or investing

    When you have visited the London, you have purchased a Jaguar for £35,000, which is payable within the three months. Enough cash is there at your bank in the New York City that pays 0.35% of interest per month, compounding monthly, to pay for car. Presently, spo

  • Q : Eliminating exposure of the currency

    Banks find it essential in order to accommodate their client’s requirements for buying or selling foreign exchange forward, in several instances for the hedging purposes.  How the bank can eliminate the exposure of the currency it has made for itself by acc