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Vaselesa [24]
3 years ago
6

Name 5 banking task that can be done online

Business
2 answers:
Schach [20]3 years ago
8 0
- Check Account Balances
-View all of your bank accounts IRA's and securities
- Send Money 
-Receive Money
- Add a new card to your account<span />
I am Lyosha [343]3 years ago
6 0

Answer:

1. Online payment of bills

2. Checking account balance

3. Stop payment request

4. Fund transfer service

5.Viewing account statement or printing bank statement

Explanation:

Online banking is also called internet banking or web banking, means conducting banking services via the internet.

1. Online payment of bills - Settlement of bills can be done online without the need to involve payment of cash, it may be telephone bills, electricity or gas bill e.t.c.

2. Checking account balance - A bank customer can check his account online to know the balance in his bank account.

3. Stop payment request - The countermand of a check can be done online, countermand means reversing an earlier mandate given to a bank, that is stopping the payment of a check.

4. Fund transfer service - Transfer of fund either between one account and the other or between a customer in one bank and a customer in another bank can be done via online banking.

5. Viewing account statement or printing bank statement - Instead of waiting for bank statement to be sent by the bank at the end of a period, through online banking, a customer can view the debit and credit in his account or even print the statement directly.  

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