Definition of home banking in English:

home banking

noun

  • A system of banking whereby transactions are performed directly by telephone or via a computer and modem.

    • ‘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.’
    • ‘The growing popularity of internet and home banking has finally forced UK banks to speed up the time it takes to transfer funds between accounts.’
    • ‘Next year should see it extend its interactive digital services into home banking and shopping.’
    • ‘The hackers also attempted to break into their home banking services but were thwarted.’
    • ‘The search for new interfaces also leads to new delivery channels like kiosking and home banking, which provide similarly attractive opportunities for customers.’

Pronunciation:

home banking

/ˌhōm ˈbaNGkiNG/