The word “core” in CBS, Core Banking Solution, stands for
The word “core” in CBS, Core Banking Solution, stands for
1). Controlled Online Real-time Money Export
2). Centralized Online Real-time Exchange
3). Controlled Online Real-time Environment
4). Centralized Online Real-time Money Export
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# Core Banking Solutions (CBS):
- Core stands for “Centralized Online Real-time Exchange”.
- Completed in a centralized environment and carried through an advanced software.
- Information is stored in the Central Server of the bank.
- Available to all the networked branches instead of the branch server.
- May work for the all the operations or for limited operations (depends on the size)
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