Corporation Bank wins IDBRT award
Our
Banking Bureau
04 April 2002
As
part of its information technology initiatives, the bank has
just put in place a web of 101 inter-connected Corp Bank ATMs from
Amritsar to Thiruvananthapuram. According to a press release
issued here, the bank has launched CorpSmart (a combi-card
combining an electronic purse and ATM card) and inaugurated
CorpNet (an Internet-banking facility for individual customers).
Apart from enabling customers of Corporation Bank to transact business through the inter-connected ATM network in any part of the country, the facility also allows customers of other banks that are connected to the SPNS network to withdraw cash from Corporation Bank ATMs.
Among the other tech-savvy initiatives are CorpFast and CorpClassic. CorpDial is a telebanking facility, while CorpReach provides access to accounts from a computer terminal.