UK Accounting Glossary
A method of banking in which the customer conducts transactions by telephone.
A home-banking facility that enables customers to use banking services by means of a telephone.
He then tried to use telephone banking but the staff had already alerted the fraud protection team.
He used his telephone banking facility to confirm that the money had been credited to his account.
They were able to use their telephone banking service, to transfer the money and to set up the direct debits.
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Definitions for Telephone Banking are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th May 2019.