GSM banking, specifically in the context of Industrial Bank, refers to a remote service that leverages SMS technology to provide account information to clients.
Understanding GSM Banking
GSM banking allows customers who have a card account with Industrial Bank to receive updates and information about their account activities directly on their mobile phones via SMS messages. This service offers a convenient way to stay informed about transactions and account balances without needing to visit a branch or log into an online banking platform.
Key Features of GSM Banking (based on reference to Industrial Bank)
- Remote Service: Operates independently of physical bank locations.
- SMS-Based: Utilizes SMS (Short Message Service) for delivering information.
- Account Information: Provides details on account operations, such as transactions and balances.
- Convenience: Offers a simple and accessible way to monitor account activity.