How Can I Sign Mississippi Banking Form

How can i industry sign banking mississippi form computer

hello again and welcome back to another session of commerce class with me suman rato friends the concept of e-banking was initially started by multinational banks but now the facility is provided by public sector banks also actually e-banking stands for electronic banking it is a virtual banking where there is no face-to-face interaction between the customer and the service provider now customers can get banking services through electronic media mobile phone internet etc it adds value to the banking services and relationship and saves a lot of cost and time now customers have access to banking services 24 hours a day by using various forms of electronic banking like first is electronic fund transfer when funds are transferred from one bank account to another electronically it is known as electronic fund transfer for example if buyer and seller are living in different states then buyer can electronically transfer funds for making payment to seller either through internet or a mobile or a perfect example of electronic fund transfer is transfer of wages and salaries from companies account to the account of employees this service saves both employer and employee from the inconvenience and risk of handling large amounts of cash next is atms which means automated teller machines now atms are installed by the banks in different part of cities to enable customers to withdraw and deposit funds 24 hours a day you all must have seen atm cards with your parents because this service has become very common nowadays under this customers are provided within atm card with unique pin number to access this facility for withdrawing amount atm card is inserted in the machine and pin number is entered the machine works automatically as per the customer's instruction and customer can withdraw the desired amount he also receives a receipt after the transaction which shows the balance amount in his account besides withdrawal of cash other facilities like deposit of cash and knowing the balance in one's account can also be availed by customers it is much less costly than a human teller next is debit card now debit card is a plastic card which provides an alternative payment method to cash while making purchases a person may draw amount up to the balance existing in his account or when a customer present his debit card at sales terminal the terminal automatically transfers money from customers account to the seller's account actually it combines the functions of an atm card and check the use of debit card has become widespread in many countries and has overtaken the check system next is credit card like debit card credit card also allows its holder to purchase products or services without cash and to pay for them at a later date it provides overdraft facility and customer can make purchases until they reach the credit limit offered to them for a credit card the customer might open an account with a bank or a company which sponsors a card and every month the sponsor provides a bill which have to be paid by the credit card folder and depending on the terms of card the customer may pay interest charges on the amount that they do not pay for on a monthly basis next is online banking now online banking is also known as internet banking or web banking under this system the personal computer of a customer is linked by telephone to the bank's computer when the customer gives instruction on his computer the bank computer transfers money from or to customers account to bella's account now e-banking offers various benefits to the customers and to the banks like first it is very convenient as customers can take the benefit 24 hours a day as per their convenience second it is easily accessible from anywhere even while traveling also third it increases customer satisfaction by adding value to banking relationship fourth it is more secured as risk of handling cash is eliminated fifth it reduces workload as most of the work is done through electronic devices sixth it brings accuracy and chances of committing errors are minimized and seventh it is more suitable in today's competitive era as it expands network that's all for today thanks for staying in tune and don't forget to like and subscribe my channel thank you and good bye for now