SERVICIISERVICIIBANCARE ELECTRONICEBANCARE ELECTRONICE

By Ligia Georgescu GolosoiuBy Ligia Georgescu Golosoiu

TIPURI DE SERVICII BANCARE ELECTRONICE

Telephone Banking Bankers Automated Clearing System /Sistem

automat de decontare intre banci Clearing House Automated Payment

System/Sistem automat de plati pentru Casa de compensare

Electronic and Internet -Based Payments Plati electronice si prin Inrternet

Telephone Banking Acest serviciu consta fie in activarea vocii, de exemplu

computerul reactioneaza la vocea clientului si efectueaza operatiunile in concordanta cu instructiunile acestuia, fie intr-o activare electronica a vocii, de exemplu clientul vorbeste la microfonul telefonului bancii si formeaza anumite numere care, de fapt reprezinta o anumita tranzactie. Prin telephone banking se pot efectua transferuru de fonduri, achitarea unor facturi regulate, solicitarea de credite etc.

Clients request

Banks response

Bankers Automated Clearing System & Clearing House Automated Payment System

BACS este folosit, in special, pentru efectuarea transferurilor de fonduri dintre bancile membre ale sistemului si opereaza standing orders, direct debits, plati de salarii, chirii. BACS is dotat cu o banda magnetica care contine detalii cu privire la conturile care urmeaza a fi debitate sau creditate. Aceasta le sorteaza in ordine bancare si, apoi transmite bancii platitoare detaliile relevante.

Transferurile efectuate prin CHAPS se efectueaza in intregime prin intermediul calculatorului si reprezinta o metoda garantata de efectuare a platii in aceeasi, in special decontarea unor sume mari.

Electronic and Internet -Based Payments

Internet banking is a banking product which follows to the older solutions like e-banking. E-banking represents a solutions which is technologically obsolete, supposing at the client level of that service a phone line and a computer dedicated for such a operation, able to fulfill technical needs requested by the bank and to run (execute) a software program necessary for the optimal communication with the clients bank. In that way, the person which will handle the e-banking application have to work only from that computer which it is not very good for someone with a dynamical job and with many physical places of working even in different localities or countries.

Despite e-banking, the i-banking suppose the usage of a computer from wide world on which is installed a browser and a Internet connection. The performances of such a solution are far away better also for the bank and to the end user (the client)

Internet Banking advantages Consumers can use their computers and a telephone modem to dial in from home or any

site where they have access to a computer even using a Internet Cafe Bar. The services are available seven days a week, 24 hours a day. Transactions are executed and confirmed quickly, although not instantaneously. Processing time is comparable to that of an ATM transaction. And the range of transactions available is fairly broad. Customers can do everything from

simply checking on an account balance to applying for a mortgage. So, the advantages of internet banking are:                Easy 24-hour access to account information and transactions                Automatic checkbook balancing                Current and accurate account balance                No monthly fee for bill paying or account access                Electronic transfer of funds between accounts                Free bank wires                Immediate access to statements and cleared checks.

Internet Banking disadvantages The most obvious: Technophones need not apply. You must

be comfortable using a computer. Investment of time upfront can be formidable. The data entry

is necessary before the numbers can be massaged and money managed successfully. Online bill payment is an example of an effort that requires setting up which leads to ultimate convenience.

Switching software or banks can mean re-entry of data, although Internet-based systems are less impacted by this. But competition seems to be minimizing this problem. The personal finance management software Microsoft Money enables users of competing software to import data easily.

Internet Banking ArchitectureInternet Banking Architecture

Browser

Bank’s Database

CBG Web

Servers

BackOfficeApplication

Customer databases

SQL Servers

BackOfficeDatabase

::

Clients

Data Flow - Budget Payments Orders- ROL Payment Orders- FCY Payment Orders- Foreign Exchanges - Time Deposits - Statements of account- Flow Chart of account

Customer PC Bank Database

Sending…

Response

Filling In FORMS

Processing…

CERTIFICATE REQUESTCERTIFICATE REQUEST Certificates are information attached to electronic message for security reasons. They

are used especially to verify the identity of the person who sends a message and to offer the receiver the possibility to crypt the answer. A person who wishes to send an encrypted message has to request first of all a certificate from a Certification Authority. The Certificate Authority issues an encrypted certificate which contains the public key of the one who requested the certificate and other authentication information. The receiver of an encrypted message uses the public key of the Certification Authority to decrypt the attached certificate, checks is the message was issued by the Certification Authority and obtains the public key of the sender of the message and the authentication information contained in the certificate. With this information, the receiver of a message may send a encrypted message.

Certificate installationAfter the bank issued the certificate the client must visit again the bank’s web address to install it.

CONNECTING…- In order to have access to the Internet Banking Service the client have to visit the again the web address- The first page displayed will look exactly as the one presented below. The Login Name and User PIn are specified in the document that client received from the Bank in a sealed envelope. The User PIN provided by the bank is to be used only for the first connection, the user being obliged to change it after the first connection.- After filling in all the information the client have to press the OPEN PIN button.

…

PAYMENTS USING IBankingPayment Orders in ROL:

In the list of beneficiaries he will find the ones he have previously input. If he did not input any beneficiary, the only available option is New. When selecting this option on the right side of the list there will be displayed a field having initially the value New. In this name he should input the name of the beneficiary.

Payment Orders in Foreign Currency:

When the user select the New option, on the right side of the list box will appear a field where he have to enter the name of the beneficiary. Then there are filled in the address of the beneficiary, the details regarding his bank (address, city, SWIFT code), his account, the amount to be paid and the details of the payment.

FOREIGN EXCHANGE ORDERS

Foreign Exchange Buy Orders:

Foreign Exchange Sale Orders:

Foreign Exchange Cross Orders:

TERM DEPOSITS When this page loads the details of clients company are automatically completed.

The account from which he want to create the deposit has to be selected from the list. This list contains all the current account for the selected currency. Then, the user have to fill in the amount of the deposit as well as the period for which the deposit is made.

Depending on the currency that the client have chosen there are available certain types of periods. Also, he may specify a certain number of days for the deposit. The interest rate of this deposit is negotiable and may be filled in by him.

STATEMENTS OF ACCOUNT