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Direct bank

Index Direct bank

A direct bank (sometimes called a branchless bank, virtual bank or an internet-only bank) is a bank without any branch network that offers its services remotely via online banking and telephone banking and may also provide access via ATMs (often through interbank network alliances), mail and mobile. [1]

29 relations: Asia, Automated teller machine, Bank, Banking agent, Branch (banking), Dot-com bubble, Dublin, Egg Banking, Europe, Federal Deposit Insurance Corporation, First Direct, First-e Group, ING Group, Interbank network, Loan, Mail banking, Midland Bank, Mobile banking, OCBC Bank, Online banking, Online savings account, Prudential plc, Retail banking, Savings account, Security First Network Bank, Tangerine Bank, Telephone banking, United Kingdom, United States.

Asia

Asia is Earth's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres.

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Automated teller machine

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

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Bank

A bank is a financial institution that accepts deposits from the public and creates credit.

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Banking agent

A banking agent is a retail or postal outlet contracted by a financial institution or a mobile network operator to process clients’ transactions.

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Branch (banking)

A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a brokerage firm) offers a wide array of face-to-face and automated services to its customers.

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Dot-com bubble

The dot-com bubble (also known as the dot-com boom, the dot-com crash, the Y2K crash, the Y2K bubble, the tech bubble, the Internet bubble, the dot-com collapse, and the information technology bubble) was a historic economic bubble and period of excessive speculation that occurred roughly from 1997 to 2001, a period of extreme growth in the usage and adaptation of the Internet.

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Dublin

Dublin is the capital of and largest city in Ireland.

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Egg Banking

Egg is a former British internet bank headquartered in Derby, that is now a trading name of Yorkshire Building Society.

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Europe

Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere.

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Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.

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First Direct

First Direct (styled first direct) is a telephone and internet-based retail bank in the United Kingdom, a division of HSBC Bank plc.

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First-e Group

First-e was a highly innovative European online bank during the Dot-com bubble of 1999-2001.

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ING Group

The ING Group (ING Groep) is a Dutch multinational banking and financial services corporation headquartered in Amsterdam.

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Interbank network

An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.

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Loan

In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.

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Mail banking

Mail banking is a service provided by a financial institution which allows its customers to deposit cheques into their account by mail.

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Midland Bank

Midland Bank Plc was one of the Big Four banking groups in the United Kingdom for most of the 20th century.

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Mobile banking

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet.

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OCBC Bank

Oversea-Chinese Banking Corporation Limited (Simplified Chinese: 华侨银行有限公司), abbreviated as OCBC Bank (华侨银行), is a publicly listed financial services organisation with its head office in Singapore.

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Online banking

Online banking, also known as internet banking, it is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website.

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Online savings account

An online savings account (OSA) is a savings account managed and funded primarily on the Internet.

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Prudential plc

Prudential plc is a British multinational life insurance and financial services company headquartered in London, United Kingdom.

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Retail banking

Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.

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Savings account

A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).

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Security First Network Bank

Security First Network Bank (SFNB) was the first pure Internet bank in the United States.

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Tangerine Bank

Tangerine Bank, operating as Tangerine, is a Canadian direct bank and a subsidiary of Scotiabank.

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Telephone banking

Telephone banking is a service provided by a bank or other financial institution, that enables customers to perform over the telephone a range of financial transactions which do not involve for cash or documents (such as cheques), without the need to visit a bank branch or ATM.

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United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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Redirects here:

Branchless banking, Direct banking, Internet bank, Internet-only bank, Virtual bank.

References

[1] https://en.wikipedia.org/wiki/Direct_bank

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