Questions tagged [banking system]

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Eleonora Eleonora Sun Aug 25 2024 | 5 answers 884

How does remote banking work?

Could you please explain to me how remote banking functions? I'm curious about the mechanics behind it, like how customers can access their accounts and perform transactions without physically visiting a bank branch. How does the technology enable this? And what are the main benefits and potential drawbacks of remote banking for both individuals and financial institutions?

How does remote banking work?

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