NDB introduces e-Statement to account holders
View(s):NDB has introduced – what it calls – a revolutionary e- Statement which is fully integrated with a complete review of the finances and it allows account holders to easily manage their savings, the bank said this week.”Through this futuristic approach the bank intends to move away from traditional hard-copy statements, posted to customers in a time-honoured manner. The e- Statement also known as the Lifestyle Statement is instant, readily accessible and a soft copy can be saved for future reference. It is an all-round, integrated statement and is more secure than other statements sent by post,” the bank media release said.
The e-Statement provides extensive and detailed information, with donut graphs to display credit card usages, and bar graphs to display saving trends over six months. In addition to the traditional transaction details, the customer can receive a consolidated view across all products he/she holds at the bank.”It is further segregated to suit the regular retail, corporate, Islamic banking, privilege and minor account holders with a customised look and feel unique to each category.
The kids’ e-Statements cater to different age groups, with attractive layouts which are easy to comprehend and fundamentals that involve them in financial discipline. A gamification concept has been introduced to this e-Statement to motivate kids to save more and earn rewards. The NDB e-Statement guarantees the highest security with password protection, where the account information will be secured, even if the emails are hacked by unauthorized third parties,” the release said.It said this initiative and effort by NDB was recognised by the NBQSA (National Best Quality Software Awards) for Sustainability and Green IT, measuring the amount of energy and resources saved for the planet.