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Question
The banking that involves customers to operate their bank accounts and avail banking services from any branch of the bank regardless of the place where he maintains his account is called _________.
The banking that involves customers to operate their bank accounts and avail banking services from any branch of the bank regardless of the place where he maintains his account is called _________.
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Solution
The correct option is C Core banking
Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices.
Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices.
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