Answers.com > Wiki Answers > Categories > Technology > Computers > How computer is used in banks?

How computer is used in banks?

In: Computers, Computer History, Banking [Edit categories]

Answer:

Calculating interest, updating account and loan balances, printing reports, checking for past due loans, maintaining tax records, etc.

First answer by Eccles-Jordan Trigger. Last edit by Eccles-Jordan Trigger. Contributor trust: 127 [recommend contributor ]. Question popularity: 139 [recommend question].

[report abuse]

Can you answer these Computers questions?

	What is the importance of computers in management?	Answer it!
	What is a computer and its use?	Answer it!
	Is there a way to make one computer distribute network load across two adapters ex When the upload capacity of Ethernet is exceeded it will utilize the upload capacity of the WiFi Adapter?	Answer it!
	What are the different types of modeling Verilog?	Answer it!
	What do you mean by interrupt driven input output and programmed and input out put?	Answer it!

How are computers used in the bank?
Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better...
Why does computer used in bank?
Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better...
Why computer is used in banks?
There are many reasons for using a computer in banking - but, basically computers handle calculations more quickly and more accurately than humans do.
What computer hardware is used in banks?
They use ATM's as harwares
Why are computers used at the bank?
The computer is a calculation machine is create all transaction and calculate the all query easily so that all are banks is used to the computer because this is a very simple technology.