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Banking Channels

Banks offer many different channels to access their banking and other services:

  • ATM is a machine that dispenses cash and sometimes takes deposits without the need for a human bank teller. Some ATMs provide additional services.
  • A branch is a retail location
  • Call center
  • Mail: most banks accept check deposits via mail and use mail to communicate to their customers, e.g. by sending out statements
  • Mobile banking is a method of using one's mobile phone to conduct banking transactions
  • Online banking is a term used for performing transactions, payments etc. over the Internet
  • Relationship Managers, mostly for private banking or business banking, often visiting customers at their homes or businesses
  • Telephone banking is a service which allows its customers to perform transactions over the telephone without speaking to a human
  • Video banking is a term used for performing banking transactions or professional banking consultations via a remote video and audio connection. Video banking can be performed via purpose built banking transaction machines (similar to an Automated teller machine), or via a videoconference enabled bank branch.

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