Online comprehensive solution is used to manage the internet banking. This application can be accessed by all customers who have valid passwords and user Id. Moreover this system has several other advantages like balance inquiries, fund transfer from one account to another account in a bank, requesting for change of address, check book and stop payment, viewing of annual and monthly statements etc. the internet banking scope includes many features.
Firstly, the world becomes a global village with the use of paperless systems and the concept of cashless society is a future hope. With further innovations a more advance cashless transaction can be made affordable and accessible.
This application can be used by any bank for providing better customer service. At one click the consumers can access the accounts present in any branches of the same bank. Various new and upcoming plans for bank consumers can be published through this application. It also helps the manager in accessing the account present in the bank as well as reduce the pressure of working for the employer. Ion rights are provided to the customers through the online system. Global communication can be extended between all the world banks simply with the use of this outrageous application.
This system is useful for various banks that are working at the national and international level because it reduce their pressure of paper works that includes a lot of time for both the consumers and the bank employees. Online transaction and other facilities can enable the consumer to access the facilities from sitting at their home. All it requires a computer with a good internet connection. Paperworks are quite cumbersome and increases the chances of mistakes. Online works can reduce the level of mistakes and also establish a strong connection between various branches of a bank as well as with other banks.