Question

Explain the meaning of SMS alert.

Answer 1

1. With this service, a customer provides his or her mobile number. The bank stores the customer's mobile number in their computer system.
2. When a debit or credit transaction occurs, an SMS is automatically sent to the customer's mobile phone.
3. The SMS provides information on the transaction, including the amount, date, and account balance.
4. Customers can receive account information without having to visit the bank.