Assignment on Online Banking
TERM PAPER
ON
ONLINE BANKING SERVICE IN BANGLADESH 1. DEFINITION OF ONLINE BANKING
Online banking is a service offered by banks that allows account holders to access their account data via the Internet. In order to take advantage of online banking, an account holder would need to meet several technological requirements, such as having a personal computer with Internet access and web browser. If those conditions are satisfied, online banking can be performed from anywhere in the world. To minimize the risk of fraud, online banking is enabled through a secure server, which grants the individual a private access to his or her bank account. Online banking is designed to streamline banking chores that otherwise require considerable time and effort. Thus, online banking facilitates direct access to account details, enables transfer of funds, allows for multiple bills payments, and performs an array other transactions. Online banking is available twenty four hours, seven days a week, regardless of the bank's working hours. Today, most banks offer online banking services.
2. HOW MANY BANKERS PROVIDE ONLINE BANKING SERVICES IN BANGLADESH
Bangladesh Bank Governor Dr Atiur Rahman said 79 percent institutions under the country’s banking sector are providing online service at present.
He said, “37 banks are providing all-out online service, while six are getting preparations to provide online service. Almost 79 percent institutions are under online service now.”
Dr Atiur came up with the comment at the inauguration of the 4th International e-banking and Mobile Commerce Conference as the chief guest at a hotel in Dhaka Monday 10th July’2012
Science and Information Communication Technology Ministry Secretary Nazrul Islam Khan, Bangladesh Telecommunication Regularity Commission Chairman General (Retd) Zia Ahmed, FBCCI President AK Azad, Chief Marketing Officer of Eco-Bharat Anand Ramanand, Dell Bangladesh’s Country Director Sonia Bashir spoke at the inaugural session.
ON
ONLINE BANKING SERVICE IN BANGLADESH 1. DEFINITION OF ONLINE BANKING
Online banking is a service offered by banks that allows account holders to access their account data via the Internet. In order to take advantage of online banking, an account holder would need to meet several technological requirements, such as having a personal computer with Internet access and web browser. If those conditions are satisfied, online banking can be performed from anywhere in the world. To minimize the risk of fraud, online banking is enabled through a secure server, which grants the individual a private access to his or her bank account. Online banking is designed to streamline banking chores that otherwise require considerable time and effort. Thus, online banking facilitates direct access to account details, enables transfer of funds, allows for multiple bills payments, and performs an array other transactions. Online banking is available twenty four hours, seven days a week, regardless of the bank's working hours. Today, most banks offer online banking services.
2. HOW MANY BANKERS PROVIDE ONLINE BANKING SERVICES IN BANGLADESH
Bangladesh Bank Governor Dr Atiur Rahman said 79 percent institutions under the country’s banking sector are providing online service at present.
He said, “37 banks are providing all-out online service, while six are getting preparations to provide online service. Almost 79 percent institutions are under online service now.”
Dr Atiur came up with the comment at the inauguration of the 4th International e-banking and Mobile Commerce Conference as the chief guest at a hotel in Dhaka Monday 10th July’2012
Science and Information Communication Technology Ministry Secretary Nazrul Islam Khan, Bangladesh Telecommunication Regularity Commission Chairman General (Retd) Zia Ahmed, FBCCI President AK Azad, Chief Marketing Officer of Eco-Bharat Anand Ramanand, Dell Bangladesh’s Country Director Sonia Bashir spoke at the inaugural session.