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Assignment 3

The document discusses new distribution systems in banking including computerized tools like ATMs and POS, electronic banking, telephone banking, remote banking, and mobile banking. It also discusses how banks organize their functional structures into departments, directions, and sections to perform operations and how distribution channels require banks to define their use of intermediaries. Finally, it provides examples of equipment banks use for their daily activities like computer systems, banking terminals, ATMs, electronic payment systems, and security equipment.

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Adriana Picerea
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20 views

Assignment 3

The document discusses new distribution systems in banking including computerized tools like ATMs and POS, electronic banking, telephone banking, remote banking, and mobile banking. It also discusses how banks organize their functional structures into departments, directions, and sections to perform operations and how distribution channels require banks to define their use of intermediaries. Finally, it provides examples of equipment banks use for their daily activities like computer systems, banking terminals, ATMs, electronic payment systems, and security equipment.

Uploaded by

Adriana Picerea
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Assignment 3

The newest distribution systems in banking are:


•Computerized tools (ATMs, POS),
•Electronic banking that includes home banking, office banking, internet banking, e-
commerce smart terminals;
•Telephone banking – customer relations telephone office (Call Centers),
•Remote banking – lending and deposit services by mail,
•Mobile banking- account and transaction consultation services, interest information, product
courses, some online secondary payments, bank clerks.
Distribution channels oblige the bank to define an attitude towards the use of
intermediaries and the following alternative can be considered: short channels (without
intermediaries), medium or long channels (with intermediaries such as franchise, broker,
agent) and mixed channels (with and free). intermediaries). Obviously, the distribution mix is
achieved by correlating the type of channel chosen with the distribution network used.

The activity within the headquarters of banking companies is carried out by


departments, directions, sections. Each bank, depending on the activity carried out and the
range of operations performed, organizes its functional structure in a specific way. However,
there are a number of organizational components found in different forms (departments,
divisions, sections, etc.) in most commercial banks due to the fact that, in general, all
commercial banks carry out the same range of operations. Within the plant, the activity is
organized by specialized departments, which, in turn, have different services under their
control.
Fig 1: Departments, directions, main sections of the commercial bank
Tools:Canva

The activity within the headquarters of banking companies is carried out by


departments, directions, sections. Each bank, depending on the activity carried out and the
range of operations performed, organizes its functional structure in a specific way. However,
there are a number of organizational components found in different forms (departments,
divisions, sections, etc.) in most commercial banks due to the fact that, in general, all
commercial banks carry out the same range of operations. Within the plant, the activity is
organized by specialized departments, which, in turn, have different services under their
control.

ING banks, have a variety of equipment to carry out their daily activities, which include:
 Computer system and server: to manage and store financial information and its data in
a secure and confidential manner.
 Banking Terminals: Permits to perform banking operations such as cash withdrawals,
deposits and fund transfers.
 ATMs: Allows you to make cash withdrawals, check account balances and perform
other basic banking operations.
 Electronic payment systems
 Security equipment: to protect both personnel and material assets.
 Equipment for cash management, document management
ING consultants take care, at the time of potential requests, to present all the advantages
and disadvantages arising from the conclusion of the contracts, so that the buyer knows all
the benefits they will have, but also the inconveniences they will encounter during the
collaboration, so like this is create a strong customer base.

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