Computer Science, asked by NobitaNobi6, 1 year ago

How E-Banking has helped the customer in their daily transactions?


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Answers

Answered by TanmayTambat
1
1. Manage your cash flow more effectively

Our Internet Banking Solutions make it easier to control your payables and receivables. For instance, you can arrange to receive alerts when payments are due or pending your approval.

2. Simplify your government remittances

Filing tax returns and remitting tax payments can be very time consuming. With our Internet Banking Solutions, you can complete the forms online and schedule the payments to be made on the due date and thereby avoid costly late payment charges. Once you’ve paid your government remittances online, you won’t want to go back to the manual method.

3. Take full advantage of discounted payment terms

If you have 30 or 60 days to pay your bills, you can hold on to your money longer—up until the payment due date—know that your payment will be processed on time.

4. Allow your employees to prepare the transactions

Your business will have total control over the access privileges granted to employees who use the service.

5. Access all your accounts at any time, even outside office hours

Check on your accounts and carry out transactions whenever it suits you, including evenings and weekends. That way, you can focus on what matters most during the day.

6. Simplify your payroll and business-to-business (B2B) payables

It’s easy to pay your employees via the Internet. You can also send funds directly to other businesses: transactions are settled on the spot. This web-based business-to-business payment feature is unique to National Bank.

7. Take advantage of all the services you need, no matter how big or small your business

Whether small, medium or large, all businesses access the same platform and can use the functions that correspond to their needs.

8. Reduce administrative overhead

By offering fast and efficient Internet services, National Bank allows you to reduce the time and resources dedicated to managing several transactions. There’s less paperwork and company personnel can be utilized more efficiently.

9. Carry out your foreign currency transactions

Our Internet Banking Solutions for businesses facilitate account management and foreign currency transactions.

10. Simplify your account reconciliation and make investments

The Internet platform makes it easier for you to keep an eye on all your company accounts and banking activity. You can also submit investment orders.

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