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Why computer is used in bank?

Anonymous

∙ 10y ago

Updated: 7/20/2022

There are many reasons for using a computer in banking - but, basically computers handle calculations more quickly and more accurately than humans do.

Amie Smitham ∙

Lvl 10

∙ 2y ago

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Related Questions

Why are computers used at the bank?

The computer is a calculation machine is create all transaction and calculate the all query easily so that all are banks is used to the computer because this is a very simple technology.

Basic computer knowledge for bank clerk interview?

yes it must required because the computer knowledge person is a asset to the bank

What bank was the first to use a computer in 1959?

Bank of America. I typed "1959 bank computer" into Google and the first few sites that came up said that Bank of America was the first to use a computer in 1959. Pretty simple search - just 3 words. try it.

How does a computer help a bank teller?

to check the money

Is computer degree necessary for becoming a bank PO?

no

What happens to a computer after it has been hacked?

That depends on what value it has to the hacker. If it's just your personal computer then your bank account and identity will be stolen then your computer will be used to take down websites. If it is a corporate computer your computer will be used to gain access to larger servers to gain access to tons of private files and use those servers to send millions of spam emails and kill websites.

What is the journal entry for computer purchased for office use?

debit computer accountcredit cash / bank

Is a bank server a microcomputer?

No. A Banks server is usually a super computer or atleast a super powerful computer. Microcomputers do not have enough capacity and firepower to run the server of a bank. Only a super computer or an extremely powerful computer can handle the loads of a banks system/

Is an ATM a mainframe computer?

No, an Automated Teller Machine is a client computer connected to a server computer at the bank. The server may or may not be a mainframe computer.

Why regional bank decided to buy six server computer instead of one supercomputer?

Why regional bank decided to buy six server computer instead of one supercomputer?"

Can you relate science and banking?

Science and banking are related in that both require specific procedures to be followed. Computer science is used in banking because most people who work at a bank need to know how to use a computer.

What if your computer does not detect your scanner?

bank overdraft 3000 (cr)?

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