How has e-banking changed banking?

Answer:
  • Transactional (e.g., performing a financial transaction such as an account to account transfer, paying a bill, wire transfer, apply for a loan, new account, etc.)
    • Payments to third parties, including bill payments and telegraphic/wire transfers
    • Funds transfers between a customer's own transactional account and savings accounts
    • Investment purchase or sale
    • Loan applications and transactions, such as repayments of enrollments
  • Non-transactional (e.g., online statements, cheque links, cobrowsing, chat)
    • Viewing recent transactions
    • Downloading bank statements, for example in PDF format
    • Viewing images of paid cheques
  • Financial Institution Administration
  • Management of multiple users having varying levels of authority
  • Transaction approval process
Contributor: Ajay88890
First answer by Ajay88890. Last edit by Ajay88890. Contributor trust: 7 [recommend contributor recommended]. Question popularity: 4 [recommend question].

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