Internet Banking – Overview of Sibernet Retail

Topics: Cheque, Credit card, Money Pages: 4 (842 words) Published: April 5, 2011
“SIBerNet” is the Internet Banking Services of South Indian Bank Ltd, which allows its customers to avail the bank’s services through Internet.
Advantages of SIBerNet:

Conduct Banking operations from House/Office at your convenience Services available for 24 hours a day X 7 days a week X 365 days a year Accessible from any where in the world using Internet

Services Offered 

Inquiries – Real-Time Online

Get/View complete details of all your accessible accounts (SB/Deposit/Loan/…) Print/Save the pass-sheet of any of your Operative accounts for any period Cheque Status Inquiry
Clearing Instruments Inquiry
Lien Inquiry
Nominee Inquiry
Interest Details of Deposit Accounts
Print pass-sheet of any loan account for any period

Funds Transfer – Real-Time Online

On-line Real-Time Fund Transfer facilities are provided to customers:

Transfer Funds between your own accounts within the Bank Transfer Funds from your account to another account within the Bank Make an instant Fund Transfer or Schedule a Transfer for a future date View Pending Transfers, if any

Inquire status of all Fund Transfers initiated

Utility Bills Presentments

As and when the Bank finalizes business tie-ups with various Service providers, the utility Bills Presentments facility will be gradually made available to the customers. This shall be an on-going process wherein, Bank ties-up with Billing companies (Billers) for electronically presenting bills to the customers of the Bank. Through this solution, Customers can manage electronically presented bills. The following are the basic functionality available to the Internet Banking Customer of the Bank:

View a list of presentment Billers with whom the bank has tied up. Register with a Biller.
Set/modify nickname for Biller
De-register a Biller
View list of pending payments
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