give two example of non financial transaction done through e banking
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Answer:
Non-financial transactions include services such as balance enquiry, changing the ATM pin, mini statement, and booking a Fixed Deposit.
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The non-financial transactions done through e-banking are requesting for a check book and changing the PIN or checking on the user details.
Explanation:
- The Financial transactions involve the transfer of funds between different accounts, cash withdrawal and transfer money to other accounts refers to the financial transactions.
- The non-financial transaction does not involve the transfer of funds between different accounts.
- The process of change of user details, mini statement printing, balance inquiry, PIN change, and check book request are some of the examples of non-financial transactions that can be done through e-banking.
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