Telebanking

Telebanking is a financial _______________

• good

• service

• production

• Electronic funds transfer

This service requires the use of

• laptop

• desk top

• cell phone

• gramaphone

Which of the following is an advantage of telebanking?

• it accessible online

• It is accessible 24hours 7days a week

• It is easy

• It can be used without a pin

One advantage of telebanking is that it is quicker than

• online transfer

• going into the bank in person

• using M-wallet

• doing ecommerce

In order to have telebanking one must have a

• computer

• laptop

• ATM

• Personal Identification Number

Which of the following is True?

• I can access telebanking without having an account in the bank

• I can access telebanking without informing the bank

• To access telebanking I must inform the bank and be given a pin

• I do not need an account number to access telebanking

The first thing I must do when going to access my account via telebanking is

• I must put in my PIN

• I must select my account number

• I must call the bank telephone number

• I must transfer my funds in my account

I can do all of the following transactions on telebanking except

• transfer funds from one account to the next

• pay my workers by transfer the funds to their accounts

• pay my TSTT bill by cash

• pay my ttec bill

Which of the following is a limitation of telebanking

• It is easier than going to use than going into the bank in person

• It costs the bank more when I use telebanking

• It is less costly than going into the bank

• It is quicker than using the teller at the bank

Which of the following is a limitation of telebanking

• It is easier than going to use than going into the bank in person

• It costs the bank more when I use telebanking

• It is less costly than going into the bank

• It is quicker than using the teller at the bank