Information Technology In Electronic Banking

Survive in the country, branches that have opened, it is certainly the Pakistani banks to attached and aware of the up to date IT and use to its criteria. Except that the bank’s necessities much better aware about the use of technology to client-friendly, efficient and comparable in the current business and upper management and businesses, they also require the technology to latest products and latest formats of services and the growing changing internationally environment to deliver. Information Technology offers banks to build a new design, which fulfills the requirements of many clients that cannot get an important eye today.

Electronic banking offering clients to do banking transactions in a direct access to the main problems of the bank

In the electronic banking system, the bank has the main attention on a database that is the web-based product.

All the services that the bank has offered on the Internet explained in the menu of the bank. Any service can choose and the type of service connects the further connection. Once the branch office of the bank is inter-connecting through Internet or home links, there would be no physical visit for any branch.

ELECTRONIC BANKING

ATM’s is introducing in the electronic banking, which provides the facility of electronic transfer of fund, payment of bills etc. According to some, the future decision of electronic banking is the acceptance of mobile telephone banking and related TV banking. However, many that on-line banking will continue to be the most popular method for future electronic transactions have checked it.

• The exit of money: The account holder can take money from their

Telephone banking times can be managed than branch regular times, and many banks offer the service on a 24 hours basis. From the bank’s point of view, telephone banking minimizing the price of managing the transactions of clients by controlling the need for clients to go to a bank branch for the non-cash price.

On-line banking

On-line banking helps clients of a bank to perform financial transactions on a safe website performed by the bank, which can be older or traditional bank. It may add any event, which has online motivation methods. Mobile banking

Mobile banking (also known as M-banking) is utilized for performing balance checks, bank account events, payments, loan request and other banking transactions with the help of a mobile phone such as a mobile.

MESSAGE ALERTS BANKINGs

Banking services over the client’s cell phone utilizing SMS messaging. MESSAGE banking services are performed using both Push and Pull messages. Push messages are those messages that the bank chooses to deliver to a client’s mobile, without the client’s request for information. Pull messages are those that started for the