What is the Mobile Banking Service?


Mobile Banking Service is very important in 2022. We are at any time; We live in an ever-changing world where Wi-Fi is available almost anywhere. Therefore, almost every bank now offers mobile banking capabilities through bank account management and checking applications.

All card and account holders can perform seamless banking services using existing mobile technology. Have you downloaded your banking app yet? If you haven’t done it yet, try it. It will be easier and more convenient to manage your money. Listed below are frequently asked questions regarding mobile banking services.

What you can do with mobile banking service

Although this is a new technology, you can not only perform almost all routine banking activities, but also perform new functions. balance check using mobile banking service; Overview of usage; Reviewing the financial records; Locating ATMs; check deposit; money transfer Paying bills You can send text messages and notifications about things related to your account.

Advantages of Mobile Banking

Mobile Banking Service Mobile banking service provides a variety of financial related functions and best of all, you have the right to deposit and withdraw money 24 hours a day (7 days). either to pay for the purchase; Things like depositing money can be done anytime and anywhere as needed. Another advantage is that most financial institutions do not charge fees for mobile banking services.

Is Mobile Banking

Safe It is often a misconception that banking through a smartphone is less secure. Considering the current high level of mobile banking services, these opinions are understandable, but in reality they are unfounded. Mobile banking, in particular, has become the safest and most convenient way to pay and transfer money, as it can keep a password.

Overall, mobile banking service makes it easy to manage your spending and savings 24 hours a day (7 days a week).

Electronic Banking Service

As technology advances faster than ever, banking services and money management are also becoming electronic. Therefore, it is important to understand the new services not only for convenience but also for security. An electronic banking service is Electronic Fund Transfer (EFT), also known as electronic funds transfer, which refers to the electronic transfer of funds from one account to another. Electronic banking has become quite widespread, so you are likely to encounter situations such as the need for instant payments or electronic money transfers.

Understanding electronic banking will be of great benefit not only to you but also to your financial sector. Not only is it convenient and easy to use to your advantage, but you can also track your transactions and payments. There are 3 key areas in the electronic banking system. automated teller machines (ATMs); Direct deposit and debit card purchases.


Many people are familiar with ATMs as a quick and easy way to make deposits and withdrawals. ATMs usually allow withdrawals at any time. Most people don’t realize that most ATMs allow you to make quick, easy, and convenient transfers and deposits between your accounts 24/7.

Direct Deposit

An advantage of electronic banking is that you can make direct deposits and deposit funds through your bank accounts. If you are a regular salaried person, your employer can deposit your salary directly into your bank account. Similarly, home purchase loans, Unfailing regular payments such as insurance payments can also be made easily and conveniently without forgetting to do so with electronic banking services.

Debit Card Purchases

Debit card purchases are often similar to credit card transactions. With electronic banking services, debit card payments can be made either in person or in person. from online or It can be done over the phone. It’s just as easy to use as a credit card, but you don’t have access to more than you have, with direct withdrawals from your linked account.

Now that you understand the benefits of electronic banking services, you’ll want to know how to manage your finances through your smartphone. Visit our mobile banking website to learn more.

Prepaid cards and prepaid cards

Do you prefer to spend the money you have? If so, a prepaid card would be best for you. When you use it to make a purchase, the money will be deducted directly from your checking account, so you can’t spend more than what you have.

5 Best Ways to Use a Prepaid Card

  • 1. Always know your account balance and withdrawal amount.
  • 2. Know your daily withdrawal amount and spending criteria. Contact your lender if you need to increase or decrease the amount.
  • 3. Use a prepaid card when making purchases to avoid ATM service charges.
  • 4. Get free automatic alerts to keep your account safe if the following happens.          
    • ATM withdrawals or debit card operations exceeding one’s cash limit.
    • Changing his online ID or password.
    • Making large deposits and withdrawals.
  • 5. As for him, he used the payment card for domestic, If you want to use it abroad, please notify the bank in advance to prevent financial fraud or security warnings.

How Prepaid Cards Work You

may have received prepaid cards as gifts. Unlike prepaid cards, these prepaid cards are not linked to bank accounts. When you make a purchase with this card, a deduction is made even from the card’s balance. This card can be used as described. 

  • Purchases can be made in person or online or You can do it by calling.
  • The card can be recharged.
  • You can give it as a gift to your friends and family members.
  • You can withdraw cash from an ATM or bank.
  • You can receive wages or funds through direct debit to the card.
  • Payments can be made.

Prepaid cards are used as a financial education tool – youth budgeting; Using an ATM machine; Prepaid cards can provide great support for the experience of making purchases. You cannot withdraw more than the amount in the account as it is not used for debt service. This type of card is secure, Parents can visit accounts online.

Using prepaid cards as a form of check cashing – Most users don’t want to use the banking system to cash a check, so a prepaid card that allows you to cash directly from a check without paying ATM withdrawal fees can save you a lot in the long run.

Need a guide on how to properly fill out financial institution forms? depositing money writing a check; filling out the money import and export list; reading bank statements; Try using the following step-by-step instructions for reading your credit card statement.