Home Banking

Home Banking
The practice of conducting banking transactions from home rather than at branch locations. Home banking generally refers to either banking over the telephone or on the internet. The first experiments with internet banking started in the early 1980s, but it did not become popular until the mid 1990s when home internet access was widespread. Today, a variety of internet banks exist which maintain few, if any, physical branches.

The increasing popularity of home banking has fundamentally changed the character of the banking industry. Many people are able to arrange their affairs so that they seldom have need of a physical branch. Online-only banks have profited from this shift in the industry. The absence of brick and mortar locations allows online banks to offer favorable interest rates, lower fees and many other incentives for those willing to bank online.


Investment dictionary. . 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • home banking — ➔ banking * * * home banking UK US noun [U] ► BANKING bank services that you can use from your home, using the internet or phone: »Most banks offer electronic home banking …   Financial and business terms

  • Home-Banking — Home|ban|king, Home Ban|king [ hoʊmbæŋkɪŋ ], das; [s] [engl. home banking, aus: home = Heim u. ↑ Banking]: Abwicklung von Bankgeschäften über das Internet von zu Hause aus …   Universal-Lexikon

  • home banking — /omˈbɛnkin(g), ingl. ˈhəumˌbæŋkɪŋ/ [loc. ingl., propr. «attività bancaria in casa»] loc. sost. m. inv. CFR. telebanca, phone banking (ingl.), internet banking (ingl.) …   Sinonimi e Contrari. Terza edizione

  • Home Banking — Home Banking,   Synonym für Electronic Banking …   Universal-Lexikon

  • home banking — noun uncount a system that allows you to check your bank account or give instructions to your bank using your telephone, computer, or television …   Usage of the words and phrases in modern English

  • home banking — Carrying out banking transactions by means of a home computer linked to a bank s computer via the Internet (e banking) or by means of a telephone link to a call centre or a computerized system (telephone banking). This enables the account holder… …   Accounting dictionary

  • home banking — Carrying out banking transactions by means of a home computer linked to a bank s computer via the Internet (e banking) or by means of a telephone link to a call centre or a computerized system (telephone banking). This enables the account holder… …   Big dictionary of business and management

  • Home Banking — 1. Begriff: Erledigung von Bankgeschäften per PC von zu Hause aus. Ergänzend kann die Möglichkeit der Beauftragung per Telefax im Fall technischer Probleme gewährt werden. Kreditinstitute bieten im Internet (oder über Online Dienste)… …   Lexikon der Economics

  • Home Banking Computer Interface — Home Banking Computer Interface,   HBCI …   Universal-Lexikon

  • Home Banking Computer Interface (HBCI) — durch die Spitzenverbände der deutschen Kreditinstitute vereinbarte Standard für ⇡ Home Banking. HBCI erfüllt folgende Erfordernisse: (1) Flexibilität: Einfache und schnelle Integration neuer Service oder Finanzformen; (2) Sicherheit: Verwendung… …   Lexikon der Economics

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”