electronic banking

noun
banking transactions conducted through computerized systems, as electronic funds transfer by automated-teller machines, intended to speed operations, reduce costs, etc.

Origin:
1975–80

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Dictionary.com's 21st Century Lexicon
Main Entry:  electronic banking
Part of Speech:  n
Definition:  a bank account maintained by computer and telecommunications links rather than physical transfer of cash, checks, or other negotiable instruments
Usage:  computing
Dictionary.com's 21st Century Lexicon
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00:10
Electronic banking is always a great word to know.
So is bezoar. Does it mean:
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
a fool or simpleton; ninny.
Example sentences
If you have never used any of these electronic banking practices, don't worry.
Electronic banking is providing easier access to untaxed offshore funds.
However, only about one in two consumers could be considered a heavy user of
  electronic banking.
The state may convert your check to a one time electronic banking transaction.
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