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home banking

home banking

1 3.2
To do bank tasks at home using a phone or computer
  • noun
  • /hoʊm ˈbæŋkɪŋ/
  • Texting
translation icon : banca en casa
  • With home banking, customers can manage their finances from the comfort of their living rooms.
  • home banking services
  • home banking and shopping
  • home banking via computer

Examples

  • This great new app will allow you to send us checks for deposit simply by scanning the item on your smartphone and transmitting via an online portal through your home banking account with us.

    Blog text (13)
  • Many people prefer home banking because it allows them to check their balances anytime without visiting a branch.

  • The rise of home banking has made it easier for individuals to transfer money and pay bills online.

Antonyms

271 1.6

To be present at a place rather than by phone or online

How Convenient

home banking
  • Texting
1 3.2

Surface Forms

home banking singular
home bankings plural

Morphology

home + banking

The meaning 'conducting banking transactions from home' is directly and compositionally derived from 'home' (one's residence) + 'banking' (financial services). This literal location/mode compound follows common English compounding patterns and has clear equivalents in many languages, so a B1 learner who knows both words will readily understand it.

Etymology

Home banking comes from the simple idea of doing banking at home with a phone or computer. That's why it means 'doing bank tasks from home'.