Features of Netbanking

Netbanking account

XYZ bank allows customers to register for the netbanking feature. The registration process allows you to access all the netbanking features via XYZ mobile application or XYZ website.

Transaction history

Customers perform transactions like funds transfers, bill payments, receipts, and bank charges. The netbanking app maintains the entire history of transactions.

Funds transfer

Fund transfer allows you to transfer money to other bank accounts. You can send money to the same and different bank accounts using the same feature. Net banking uses Raast ID or bank account details to complete the fund's transfer transactions.

Bills payment

The XYZ application allows you to pay online bills and set recurring bill payments for specific dates. You select a given billing company from the XYZ Netbanking app and pay through the available balance in the bank account. The application automatically transfers the billing amount to the billing companies' bank accounts.

Saving deposits

Savings deposits are different from the regular deposits in the account. XYZ Bank offers monthly profits on the amount deposited in the account. The XYZ netbanking application allows you to open a savings account. It also allows you to transfer balances from other accounts to savings accounts.