Bank profile:
Banks are legally established financial institutions engaged in monetary and credit business, and are the product of the development of commodity monetary economy to a certain stage.
Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank, with different responsibilities.
Definition of collection and payment:
Receipt and payment on behalf of customers refers to the business that commercial banks use their own settlement facilities to handle the receipt and payment of designated funds on their behalf.
Introduction to online banking:
Online banking, also known as online banking, online banking or electronic banking, is a virtual counter set up by banks on the Internet. Banks use network technology to provide customers with traditional services such as account opening, account closing, inquiry, reconciliation, inter-bank transfer, credit, online securities, investment and wealth management, so that customers can safely and conveniently manage current and time deposits, checks, credit cards and personal investments without leaving home.
Generally speaking, the business types of online banking mainly include basic business, online investment, online shopping, personal finance, corporate banking and other financial services.
The business scope of online banking is as follows:
1, basic online banking business
The basic online banking services provided by commercial banks include online account balance inquiry, transaction record, data download, transfer and online payment.
2. Online investment
Due to the developed financial services market, there are many kinds of financial products that can be invested. Foreign online banking services include stocks, options, mutual fund investment and CDs trading.
3. Online shopping
The online shopping assistance service established by online banking of commercial banks greatly facilitates customers' online shopping, provides customers with high-quality financial services or related information services on the same service variety, and strengthens the competitive advantage of commercial banks in the traditional competitive field.