Online Banking can be defined as an Online Transaction
System or Online Payment System will allow your
clients to pay online through a highly secure
web based e-commerce system. As an authorized
user of an online banking system the clients can:
Check Balance: Check your account balances.
Get real time updates
on your Savings, Current, Credit Card, Fixed
Deposit, Foreign Currency and Loan Accounts.
Pay Bills: Pay utility bills, assessment
fees, membership subscriptions,
leasing and car loan installments, university
fees and many more
Money Transfer: Transfer your money immediately
within your own accounts
or to pay your loan installments or settle
your credit card outstanding. You may also transfer
money to any other accounts
at branches or accounts at participating
Standing Instructions: Set your own standing
instruction to your own
accounts or other accounts. You may also set standing
instruction for your Pay Bills.
What is Online Banking offering for Corporate
Bank Account Administration & Monitoring
Interest Calculation & Capitalization
Bank Balance Import
View Bank Account Balances
View Bank Statements
3rd party payments, etc ...
Advantages of Online Banking
Unlike your corner bank, online banking sites
never close. They are available 24 hours a day,
seven days a week and
they're only a mouse click away.
If you are out of state or even out of the country
when a money problem arises,
you can log on instantly to your
online bank and take care of business, 24 hours
per day and 7 days per
Transaction speed: Online bank sites generally
execute and confirm transactions
at or quicker than ATM processing
Efficiency: You can access and manage all
of your bank accounts
even securities, from one secure site.
Many online banking sites now offer sophisticated
tools, including account aggregation, stock quotes,
rate alerts and portfolio managing programs to
help you manage all of
your assets more effectively. Most are
also compatible with money managing programs such
as Quicken and Microsoft
Online banking Security and Access
Sadacnet's comprehensive approach to securing
online communications allows companies to ensure
that all their email, file transfer, and Web interactions
and transactions are private, reliable, and efficient.
Sadacnet's online banking solutions are including
following features for security:
Secure Email Content and Networks
Secure File Transfer
Secure Transactions with Identity Validation
Sadacnet is developing the online banking using
Linux technology, the most secure, robust and
reliable operating system in today Internet technology.