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Author Question: What is web banking and what functions does it provide to the bank customer? What will be an ... (Read 38 times)

ishan

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on: Aug 22, 2018
What is web banking and what functions does it provide to the bank customer?
 
  What will be an ideal response?

Question 2

To replenish the petty cash fund, balance the fund, formally request a check for the amount needed to bring the fund amount back to its beginning balance, and prepare the petty cash report.
 
  Indicate whether the statement is true or false.


cam1229

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Reply #1 on: Aug 22, 2018
Answer to Question 1

Web banking is an Internet service that provides easy management of bank transactions online wherever you have
access to the Internet. Primary functions of such services enable business customers to make electronic transfers
between accounts and get real-time information on balances and transactions. Accounts may be viewed and
manipulated on screen just as you might with more traditional methods of banking. Many banks also offer
electronic bill payment services.

Answer to Question 2

TRUE


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