The Effectiveness of Information Technology on Banking Services Delivery

The Effectiveness of Information Technology on Banking Services Delivery

The Commercial Banks perform the following functions as thus.

  • Acceptance Deposit: From the entire public to individuals, corporate bodies, government on their agencies; and maintaining or keeping these deposits in either the current, savings of fixed Deposit Accounts.
  • Agency Services: Involve the clearing and collection of proceeds of cheques and other instruments on behalf of their customers.
  • Provision of Credit Facilities: ¬†For Customers by way of loans and overdrafts. [Read more…]