PROCEDURE TEXT 202-203
1. Why do you need to visit the bank to get the facility of internet banking? You need to visit the bank to get the facility of internet banking because most banks require you to request this service. Simply having a bank account does not automatically grant you access to internet banking. The bank needs to verify your identity and set up the necessary security measures to enable online access. 2.Why do you need to enter the details of the recipient? You need to enter the details of the recipient to ensure the money is sent to the correct person or entity. This information typically includes the recipient’s name, bank account number, and sometimes additional details like the recipient's bank name and branch code. Accurate details are crucial to avoid misdirected funds. 3.When will the funds be processed? The funds will be processed after you finalize the transfer by clicking on the ‘Confirm’ or ‘Make payment’ button. The exact processing time can vary depending on the bank and the ...