What are the elements of e-banking ?
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*Money can be sent and bills can be paid anywhere in the world from home
*save times
*Low service charge
*save times
*Low service charge
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Answer:
Elements of e-banking are as following:
Banking Software
Software which provide different transaction facilities.
Communication Network
A network is required for communication between client and employees and manager for which radio communication and telephone are used
Delivery channels
There are number of different Delivery channels to facilitate for example SWIFT, Banksy etc
Switching System
To transfer transactions in their right place and at right time switching systems are used.
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