What do you mean by 24×7 in banking system? Explain
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Answer:
24×7 means that the banking system is working 24 hours every 7 days .
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Explanation:
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The concept of 24×7 in banking system entails the availability of services all the time which available every day and through the entire week without any break
Explanation:
- There are many banks that offer 24×7 in banking facilities for their customers. The customers are able to seek help, transfer money and make use of other financial transactions in the bank through the 24x7 facility
- People can even avail the banking facilities through online transactions. They do not have to visit the bank for making use of the banking facility. Infact the online 24x7 facility is available to their customers in most of the banks in the country.
- The facility entails the customer to seek any kind of financial information and help for, creating fixed deposits, ask for loans, transfer money to any part of the country and many other facilities are provided for the customers. There are mobile applications that can be downloaded for people to avail 24x7 banking facilities
To know more about 24x7 banking facility
How can a customer get the facility of mobile-banking ?
https://brainly.in/question/11566161
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