Internet Banking 101 Intuit Financial Services University Internet Banking Certification Training.
E-Banking is the use of electronic means to conduct banking business, such as telephone, Internet,...
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Transcript of E-Banking is the use of electronic means to conduct banking business, such as telephone, Internet,...
Electronic Banking
WHAT IS E-BANKING?
E-Banking is the use of electronic means to conduct banking business, such as telephone, Internet, cell phone, or other device by way of secure internet connection.Products may include:
Internet BankingOnline Bill PayMobile BankingPhone BankingE-statementsDebit Cards
What E-Banking Brings to the Table
SpeedAccessibilityElectronic DocumentationTime SaversCustomer SatisfactionLocation of Customer
Why E-Banking?
Convenience to the CustomerLow Cost Banking Time efficiencyAbility to pull historical info any timeAbility to transfer funds any time, any where
E-Banking Decreases Fraud
Decreases chances of Mail FraudDecreases personal information FraudDecreases chances of Check FraudRemoves trips to ATM’s for transfers and balance inquiries
Note: All personal internet connections and computers must be secure with Passwords and Anti-Virus to assist in decreasing fraud electronically
Facts About Fraud
“Since Checks contain both the routing information for the bank and the account number, one check is all a criminal needs
to create a fraudulent instrument”
“The Check can be lifted during a car or home burglary or by less scrupulous
employees of companies contracted by victims. Sometimes, a check will be stolen from the middle of the book in hopes that
it won’t be noticed or flagged immediately.”
Facts About Fraud
Do Your Banking Online
View account balances and historySee check imagesMake Transfers between accounts and banksUse Debit Cards View Statements electronicallyView Notices electronicallyPay Bills or a person any timeSet up Bills to be paid automatically
Online Banking Products
Internet Banking
Make Loan paymentsDownload History to Checkbook softwareInquire on BalancesSet Financial and Budgeting goalsSet alerts of balances, items, or amount infoMake Account 2 Account TransfersMake Bank 2 Bank TransfersDownload Statement information
Online Bill Pay
Pay Bills one timePay Bills reoccurring automaticallyView paying historyBill invoices can be set up electronically to show in Online Bill PayPopMoneySet up payment reminders
Mobile Banking
Same login as Internet BankingView balances and transactionsMake One Time TransfersView Check imagesLink to Bill Pay Mobile
Phone Banking
Inquire on BalancesTransaction history for Withdrawals and depositsMake One Time Transfers
E-Statements
View Current and Past Statements ElectronicallyView Current and Past Notices ElectronicallyAbility to Download and PrintComplete an Electronic ReconciliationSearch for Checks or Item wording in Past statements
Debit Cards
Real Time transactionsEasy pay process at merchantFast Internet purchasesReplaces paper check usePIN based SecurityReplaces Cash usage
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