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Moneyextra.com Dictionary
Telephone Banking
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Sometimes referred to as telebanking this is a service which provides customers with banking facilities from their home or office using the telephone. The main advantage is convenience in that balances can be sought and transactions made without the need to visit a branch.
The services were pioneered for the mass market by first direct in 1989. Other providers active in the market in the early days included Girobank and Save & Prosper.
©Moneyextra.com
Moneyextra.com recommends you take independent financial advice before acting on any article
Back2009-02-17 00:00:00 © Moneyextra.com
Sometimes referred to as telebanking this is a service which provides customers with banking facilities from their home or office using the telephone. The main advantage is convenience in that balances can be sought and transactions made without the need to visit a branch.
The services were pioneered for the mass market by first direct in 1989. Other providers active in the market in the early days included Girobank and Save & Prosper.
©Moneyextra.com Moneyextra.com recommends you take independent financial advice before acting on any article 2009-02-17 00:00:00 © Moneyextra.com