Question

Short note on telebanking.

Answer 1

Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform a range of financial transactions over the telephone, without the need to visit a bank branch or automated teller machine.

Answer 2

HEY DEAR....!!

Telebanking is the process of handling bank accounts over the phone. It is also referred to as telephone banking. This service is commonly offered by banks, credit unions and credit card companies. There are often fees associated with using this service.

 Using a telephone to check a bank account balance, transfer money or review account history is considered to be safe and convenient by some patrons. The provision of telebanking allows customers to carry out all of these transactions without accessing a mobile application, finding a computer or visiting a branch location. Telephone banking therefore appeals to people who want immediate, spoken feedback on their bank accounts and who are concerned about the security associated with other remote banking options.

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