Islami Banking Diploma Diploma in Islami Banking Part II E-Banking Question Solve XAMINATION - June-July2013 Question 1(a): What is E-Banking? Write down the names of different Electronic Delivery Channels used in E-Banking. Marks:6 Answer: E-Banking: E-banking is a banking system that enables a bank to conduct a range of financial transactions through the electronic means. The E-banking will typically connect to or be part of the core banking system operated by a bank and is in contrast to branch banking that was the traditional way banking services. Traditional banking was ledger banking which was very much time consuming for the employees and customers. But E-banking is that exclusive system, whereas all banking activities are being accomplished with the aid of electronic mechanism within very short time. Computer is the main tool to conduct E-banking. Server, internet, intranet are used to co-ordinate the financial transa