Definition of telebanking in English:
Another term for telephone banking.
- Examples include teleshopping, telebanking, telebroking and even telebetting (all activities carried out from home using a computer and telephone).
- One of its biggest deals was the acquisition of the Insurance company for £1.1bn which it combined with its existing business, widely held to be the spark that set the whole telebanking sector alight.
- Typical business activities powered by the company include telebanking, debt-collection, customer services and telesales.