Wednesday, July 23, 2008

MIDTERM-ACtivity 1

Research 1 company that makes use of E-commerce. Describe the nature of this company in 1-2 paragraphs.


The Philippine National Bank was established as a government-owned banking institution on July 22, 1916 with headquarters in the old Masonic Temple along Escolta, Manila. Its primary mandate was to provide financial services to Philippine industry and agriculture and support the government's economic development effort. The Bank is one of the largest banks in the country with a wide array of competitive banking products to answer for the diverse needs of its huge clientele including more than 2 million depositors.


PNB uses personal internet banking, phone banking, mobile banking and automated teller machine. Personal internet banking allows you to browse, chat, and send email also lets you do your banking from your PC. PNB’s Internet Banking service offers people convenience and security. Through personal internet banking, you can Monitor account balances,Transfer funds to family and friends,Pay your bills,Schedule payments and fund transfers in advance and program recurring transactions,Order check books, View statement of account online or request for a copy which can be sent through email or for pick up at the depository branch.Get notification via email or text message to help you monitor your transaction. you can also transact also in the bank through their phone banking and mobile banking. The Automated teller machine where you can transact through machines and withdraw your money from it, inquire balance,Transfer funds immediately to any PNB account or an account maintained at Megalink member banks, pay bills and reorder checkbooks.






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