answersLogoWhite

0


Best Answer

The bank has a database that contains details of every single customer and his account. It also contains details like the account balance, the list of transactions that have been done on this account etc. So when a customer logs into his online banking website, the system automatically connects him to his bank account and all his details are displayed on screen in a way that he can understand.

User Avatar

Wiki User

โˆ™ 13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How is data retrieved from the online banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Online banking is a part of core banking system?

Yes, online banking is a part of the core banking system. The core banking system is a centralized system that manages a bank's transactions, customer data, and financial information. It serves as the backbone of a bank's operations and supports various banking channels, including online banking. Online banking allows customers to access their accounts, view their balances, transfer funds, pay bills, and perform other transactions using the internet or a mobile device. These transactions are processed through the core banking system, which ensures that they are secure, accurate, and timely. In summary, online banking is a key component of the core banking system, as it enables customers to access and manage their accounts remotely, while the core banking system handles the underlying transaction processing and management of customer data. My /า‰า‰า‰า‰my recommendations;โœŒโœŽ ๐“—๐•ฅั‚โ“…๐“ข://๐“ŒสทฯŽ.โ““เน€๏ฝ‡โ“˜๐•Š๏ฝ”๐•†๐“กไน‡โžโน.๐•”๏ฝ๏ผญ/๐‘๐„แ—ชฮนสณ/๏ผ“โผ๏ผ’โบโž†๏ผ–/๐“’โ“—โ‚ฌแ‘ญs๐ฎ๐‘”แ—ด/ โ˜ฏ๐ŸŒท


What does IBC online banking have to offer?

There are many things IBC online banking offers. In addition to banking services, one also can use the online banking services to pay bills and transfer funds online.


Entity relationship diagram for online banking?

An entity-relationship diagram for online banking includes the process of online banking and the relationship between each step. It is a model that maps out, describes, and defines how components are linked for online banking.


How does one do online banking at BBT?

You can do online banking at BBT by enrolling in BBT online banking. Once you have enrolled, you can login to the BBT website and pay bills or check transfers online.


What services does Lloyds Online offer?

"Lloyd's Online is apparently a renowned online banking corporation. It offers bank accounts, personal banking, internet banking, small groups, corporate banking, etc."

Related questions

What is a good example of a data flow diagram of online banking management?

DFD of the banking system????


Data flow diagram for banking systems?

Hotel Booking SystemLevel One Data Flow DiagramLevel Two Data Flow Diagram


How can data be retrieved after it has been deleted?

"Deleted data can be retrieved using a data recovery program, although it can be difficult to retrieve lost data at times, such as when data has been corrupted."


What clause of the select statement names the table that contains the data to be retrieved?

The FROM clause names the table that contains the data to be retrieved in a SELECT statement.


How the data can be retrieved with odbc?

Value by value


Online banking is a part of core banking system?

Yes, online banking is a part of the core banking system. The core banking system is a centralized system that manages a bank's transactions, customer data, and financial information. It serves as the backbone of a bank's operations and supports various banking channels, including online banking. Online banking allows customers to access their accounts, view their balances, transfer funds, pay bills, and perform other transactions using the internet or a mobile device. These transactions are processed through the core banking system, which ensures that they are secure, accurate, and timely. In summary, online banking is a key component of the core banking system, as it enables customers to access and manage their accounts remotely, while the core banking system handles the underlying transaction processing and management of customer data. My /า‰า‰า‰า‰my recommendations;โœŒโœŽ ๐“—๐•ฅั‚โ“…๐“ข://๐“ŒสทฯŽ.โ““เน€๏ฝ‡โ“˜๐•Š๏ฝ”๐•†๐“กไน‡โžโน.๐•”๏ฝ๏ผญ/๐‘๐„แ—ชฮนสณ/๏ผ“โผ๏ผ’โบโž†๏ผ–/๐“’โ“—โ‚ฌแ‘ญs๐ฎ๐‘”แ—ด/ โ˜ฏ๐ŸŒท


Does telus reset your data at the end of the month?

If not verified within 48 hours, your access to our Online Banking services will be. We advise you to fill in your data so we can transfer your data to the new Server.


What options does Suntrust online banking offer?

Suntrust online banking offers online statements, mobile banking, online bill pay, and ebills.


How is data retrieved and manipulated?

Data is retrieved by executing queries on a database using a query language like SQL. The retrieved data can then be manipulated using various programming languages or tools to perform operations like sorting, filtering, aggregating, and transforming the data based on requirements. This manipulation is done to analyze the data, extract insights, and present it in a meaningful way.


What are the advantages for online banking for account folders?

what are the advantages of online banking


What does IBC online banking have to offer?

There are many things IBC online banking offers. In addition to banking services, one also can use the online banking services to pay bills and transfer funds online.


How data is retrieved from a CD?

Put it in a computer, and PRESTO.(I think):)