Definition of telephone banking in English:

telephone banking

Syllabification: tel·e·phone bank·ing

noun

A method of banking in which the customer conducts transactions by telephone, typically by means of a computerized system using touch-tone dialing or voice-recognition technology.
More example sentences
  • Besides home banking through Internet and telephone banking, the banks use a variety of channels to connect the client with its sales force and its operations.
  • Also, individuals can pay each other via internet and telephone banking to transfer payments as a safe, convenient, no-hassle alternative to cheques or cash.
  • These included, Internet banking, wireless banking, and telephone banking.

Definition of telephone banking in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day demoralize
Pronunciation: dɪˈmɒrəlʌɪz
verb
cause (someone) to lose confidence or hope