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Banking Term: E-Banking

May 14, 2015 13:19 IST

    Banking Term: E-Banking

    • The full form of E-banking is Electronic Banking.
    • Electronic Banking is that form of banking where funds are transferred through exchange of electronic signals between banks and financial institution and customers ATMs, Credit Cards, Debit Cards, International Cards, Internet Banking and new fund transfer devices like SWIFT, RTGS belong to this category.
    • A method of banking in which the customer conducts transactions electronically via the Internet.

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