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Overview of E-Banking

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

To use an online bank account you will need access to...

a)

An ATM

b)

The high street branch

c)

A mobile phone

d)

The Internet

2.

ATM stand for.....

a)

Assisted Training Machine

b)

Automated Teller Machine

c)

Assisted Transfer Machine

d)

Automatic Teller Machine

3.

All your personal information is stored in the online banking product?

a)

TRUE

b)

FALSE

4.

E-banking allows 24 hour access to bank accounts.

a)

TRUE

b)

FALSE

5.

You can deposit money at an ATM.

a)

TRUE

b)

FALSE

6.

Indicate the non-benefit of e-banking

a)

Fast transaction

b)

Better customer service

c)

Safer transactions

d)

Increase sales opportunities

7.

Indicate non-restrictive factors of e-banking

a)

Safety issue

b)

The unity of hardware and software

c)

Culture of Internet users

d)

Traditional shopping habits

8.

Which factor has the most direct impact on the development of e-banking?

a)

People's perception

b)

Legal basis

c)

E-commerce development policy

d)

E-commerce training programs

9.

Which of the following factors is most important to the development of e-banking?

a)

Information technology

b)

Human Resources

c)

Legal and economic environment

d)

Political and social environment

10.

What is the financial institution that offers payment cards to individual customers called?

a)

Acquiring bank

b)

Credit card association

c)

Processor

d)

Issuing bank

11.

What features does E-Banking (Internet Banking/Mobile Banking) provide?

a)

Credit card payment

b)

Transfer transactions inside and outside the bank

c)

Bill payment: Electricity, water, ADSL, TV,…

d)

All answers are correct

12.

What are Smart Cards used for?

a)

Nothing to do

b)

Perform transactions at ATM

c)

Withdraw money directly at the bank

d)

Virtual life

13.

Benefits that E-Banking services (Internet Banking/Mobile Banking) bring to customers?

a)

Make transactions with the Bank 24/7, anytime, anywhere

b)

Save time, save costs, and enjoy many preferential fees and interest compared to over-the-counter transactions

c)

Effective financial and investment management - Safe, secure information, easy to use, simple operation

d)

All answers are correct

14.

How many products does E-Banking have?

a)

2

b)

3

c)

4

d)

5

15.

Customers only need a phone/computer connected to the internet to be able to use E-Banking services anytime, anywhere, anywhere and at any time.

a)

TRUE

b)

FALSE