askvity

What is HHD in banking?

Published in Banking Technology 1 min read

In banking, HHD stands for Hand Held Device.

Based on the reference provided:

  • A bank official uses an HHD to enter data/information for opening a Savings Bank Account in the customer's presence. (Reference 2)
  • The customer confirms the correctness of the data inputted into the HHD. (Reference 2)

Therefore, the Hand Held Device is used by bank personnel to digitally record customer information during account opening and other banking processes, ensuring accuracy and efficiency.

Related Articles