home banking
- noun
- /hoʊm ˈbæŋkɪŋ/
- Texting
- 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
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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
How Convenient
- Texting
Surface Forms
Morphology
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'.