Banking

Md. Arafat Ali

152-11-4613

Shamim Ahmmed
133-11-3372
The systems that enable financial institution
customers, individuals or businesses, to access
accounts, transact business, or obtain
information on financial products and
services through a public or private network,
including the Internet.
 History of E-Banking

E-Banking History dates back to 1980s.

The term online became popular in the late '80s and referred to the
use of a terminal, keyboard and monitor to access the banking
system using a phone line.
Stanford federal credit union was the first who offer online internet
banking services to all of its members in 1994.
Later on snapped up by other banks like “Well Fargo, Chase
Manhattan and Security First Bank”.
 Forms of E-Banking

• ATM • Web TV

• SWIFT • E-Cheque

• Smart Card • PC Banking

• Debit Card • Credit Card

• Tele Banking • SMS and FAX messaging

• Mobile Banking • Electronic Bill Payment

• Internet Banking • Electronic Check Conversion

• Easy Pay Machine • WAP Based Mobile Network

 Advantages of E-banking

DISCOUNTS UNLIMITED

CONVENIENCE QUICK TRANSFER

QUALITY SERVICE EASY MONITORING

LOW COST BANKING EASE OF TRANSACTION

ANY TIME CASH FACILITY HIGHER INTEREST RATE

 Disadvantages of E-Banking
E-banking requires One of the biggest E-banking requires 24 Face to face meeting is Customary banking
high initial start up disadvantages of doing hours supportive better in handling allows creation of a
cost. It includes e-banking is the environment, support complex transactions personal touch
internet installation question of security. of qualified staff. Bank and problems. Banks between a bank and
cost, cost of advanced People worry that has to spend a lot on may call for meetings its clients. But here,
hardware and their bank accounts training to its and seek expert advice Customers are being
software. can be hacked. employees. to solve issues. served virtually.

Training and Transaction Lack of Personal

High Start-up cost Security Concerns
Maintenance Problems Contact
Average Transaction Cost of different channels (in USD)

Branch Banking Has the Highest Cost but Mobile Banking Has the Lowest Cost
Availability of Internet Banking, 2012-2015
2015.5 66%

2015
64%
2014.5

2014 62%

2013.5
60%
2013

58%
2012.5

2012 56%

2011.5
54%
2011

2010.5 52%

57% 61% 64% 65%

Transaction Using Internet Banking, 2011-2015 (In Billion Taka)
Volume of Transactions through ATM, 2011-2015 (In Crore Taka)
Trends in Mobile Financial Services in Bangladesh
Volume of MFS Transactions and Customers: Apr 2013-Sep 2015
Made with by