14-07-2012, 02:43 PM
Mobile Banking
MobileBanking (1).ppt (Size: 1.63 MB / Downloads: 88)
Mobile Banking Features
Until now, you have had to depend upon banks to conduct your banking transactions and to keep your account secure.
Now, with your cell phone, you can instantly conduct banking transactions and secure your own accounts.
You receive instant text messages on any transaction activity against your account, including your current account balance.
Your available options on account notifications are …
Account-to-Account transfers
The account-to-account transfer feature enables you to use your cell phone to instantly transfer money to other account holders, and to make purchases or payments.
These transfers can be made by typing in either the recipient’s cell phone number or their card account number.
You can receive an instant transfer of funds to your account by simply providing the sender your cell phone number.
Subordinate card issuance and controls
A primary account holder can have subordinate cards issued in the name of the card user. Subordinate cards can be controlled by the primary, including limits of usage.
The most common issuance of a subordinate account is for a minor child (13+). Parents may exercise controls over the card with instant notification of usage.
Subordinate cards provide corporate expense controls for field staff or project personnel. These accounts can even be used to automate expense reporting.
Now, with the Mobile Banking features, you can always know the balance on the subordinate card, and be instantly notified of any retail, Internet, or phone purchases, ATM withdrawals, and receipt of deposits and transfers.