answersLogoWhite

0


Best Answer

All the financial transactions in banks and financial institutions are done by computer software. For eg. ATM @Pragres

User Avatar

Lulu Pfannerstill

Lvl 10
1y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

6y ago

Many things. Cheques are read, money is calculated, account details are kept (this helps the staff to find people easier) and just type it into google to find out more!

well as we say that there used for checking bank records it help them do work faster.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

My uncle works at a bank and he talks about it all the time and he said that computers are like the number 2 think beside money but they are used sometimes to count money if it is alot also to keep track of peoples money and for your use atms. Hope this helps!

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the use of computer in banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you relate science and banking?

Science and banking are related in that both require specific procedures to be followed. Computer science is used in banking because most people who work at a bank need to know how to use a computer.


How do computer use in bank?

Most banks now offer online banking features


Can you use a wireless keyboard and a normal keyboard on the same computer?

yes you can use both keyboards on one computer but not at once... if you take online banking as example, in any banking website u will have both keyboards u can use d keyboard u want


What is mobile banking and internet banking?

Mobile banking is when you do banking from a mobile device such as a cellphone, iPod, or iPad. Internet banking is when you bank from a computer.


What purpose you used computer in banking system?

purpose of internet banking


What are the applications of computer in banking sector?

Computerization has 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 and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


Use of computer in banks?

they can store records and other things on the computer, for your saftey. its also faster, easier and more secure to do it on a computer. on a computer they can see if its you taking out money, how much you have in the bank and they can see if you have the right credit card number by checking it on a database


What is net banking and core banking?

Core banking refers to banking services provided by a network of branches. Internet banking is the ability to complete banking transactions from your home using your computer.


What is computer memory banking?

Hard Disk


What is the meaning of computer in Banking industry?

POTATO!!!!!!!!


Why has LimeWire stopped working?

because it is illegal, and limewire can mess up your computer because you are not downloading you are sharing music from another computer. so if you use your computer for banking or check your account, don't use any other site like limewire.


The impact of computer in the banking sector?

The impact of computers in the banking sector cannot be understated. Computers have transformed every aspect of the banking industry