USES OF COMPUTERS IN BANKING:       

            E-Banking:

•     Electronic banking, also known as electronic fund transfer (EFT), uses computer and electronic technology as a substitute for checks and other paper transactions.              

          ATM:

•   Automated Teller Machines or 24-hour Tellers are electronic terminals that let you bank almost any time.
• To withdraw cash, make deposits, or transfer funds between accounts, you generally insert an ATM card and enter your PIN.
• ATM use is increasing over the years.

          DIRECT DEPOSIT:

• Direct Deposit lets you authorize specific deposits, such as paychecks and Social Security checks, to your account on a regular basis.

         PC BANKING:

•  Personal Computer Banking lets you handle many banking transactions via your personal computer.
• You may use your computer to view your account balance, request transfers between accounts, and pay bills electronically.

         Point-of-Sale Transfers:

• Lets you pay for purchases with a debit card, which also may be your ATM card.

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