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Banking applications

Students should be familiar with the features, functions, benefits, and drawbacks of banking applications, including Automatic Teller Machines (ATM) for cash withdrawal, cash or cheque deposits, account balance inquiries, mini statements, bill payments, and money transfers. Additionally, they should understand the characteristics, uses, advantages, and disadvantages of Electronic Funds Transfer (EFT), credit and debit card transactions, cheques, and internet banking.

1

Objectives

10

Flashcards

7

Questions

46 min

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CambridgeIGCSEInformation and Communication TechnologyICT applications

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Banking applications outcomes1 objectives
  • Students should be familiar with the features, functions, benefits, and drawbacks of banking applications, including Automatic Teller Machines (ATM) for cash withdrawal, cash or cheque deposits, account balance inquiries, mini statements, bill payments, and money transfers. Additionally, they should understand the characteristics, uses, advantages, and disadvantages of Electronic Funds Transfer (EFT), credit and debit card transactions, cheques, and internet banking.

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