Filter by Categories
Accounting
Banking

Banking




Access Product


A payment instrument that allows a bank’s customers to access their deposit accounts and to transfer deposited funds in and out. Access products may take the form of electronic funds transfers (EFTs) at the point of sale and online banking facilities.

Generally, access products allow remote, authenticated access to funds and services (facilities), and therefore provide for time and cost savings, as compared to physical access points.



ABC
Banking is an integral part of the modern financial system and plays an important role in an economy. It basically involves the so-called intermediation (e.g., ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*