| Message : |
" IT enables various new services in banking business which were not possible under manual systems. To mention a few --- single window service where all business related to cash deposit, withdrawal,stop payment,cheque book requisition,standing instruction ,balance enquiry, statement/passbook updation can be done relating to all type of banking products savings bank,currenta/c, cash credit etc.
--- same facilities can be availed at a any branch other than the one where you have your account -- ANYWHERE BANKING
--- most of these services can be made available on phone with a PIN given to account holder --- TELE BANKING
--- The same thing can be done using the internet
--- together with ATM/CASH DISPENSERS this enables ANYTIME BANKING
Collectively all these service delivery channels branch, ATM, Phone and internet constitute ANYHOW BANKING
IT also allows funds to be transfered electronically to any branch-- EFT
Once the major bank branches get connected to each other payments can be made electronically ushering the chequeless banking"
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