SMS bank is one of the most easy types of Mobile Banking. By SMS Banking you get a text message informing you on transfers to/from your account, due interest rate, expiration of the deposit term, transactions on debit/credit cards, etc. The customer can change the text format independently, and carry out different active bank transactions.
Advantages of SMS Banking:
When using SMS bank, you don’t have to activate GPRS internet; It is quite enough to have a possibility of sending SMS from your mobile phone;
SMS bank operates with any model of mobile phones;
By receiving SMS you get information about the transactions on your bank accounts.