Articles related "internet banking"

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Banks - What is Internet Banking System

To face the competition and be a leader in the market, new products are being introduced in the banking system. Now with the introduction of ATMs it has become convenient for many to withdraw cash at any time and any place. Likewise, almost all leading banks have introduced what are known as internet banking. For this purpose, all one should have computer and internet connectivity. Just by downloading and giving an application to the bank, the bank gives you a user id and password.

Meaning Of Real Time Gross Settlement - What you should know ?

Gone are the days when bank customers have to wait for "clearing" of the check's, drafts and other instruments sent for clearing. In case of emergency, funds could be transferred much easier now. With the introduction of RTGS, consequent on wide use of technology, in the banking sector, Reserve Bank of India (RBI) introduced what is known as Real Time Gross Settlement (RTGS). RTGS is the fastest possible way of transferring money through normal banking system.
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