Term

BTS

System Banking Operations Branch

Branch Teller System

Branch Teller System - Operational software used at bank transaction counters, enabling tellers to perform cash transactions, transfers, account opening, and customer information lookups directly at the counter.

Related Terms

GNOL

Online Disbursement (GNOL) - A loan disbursement process carried out entirely on digital systems, without the customer visiting a branch. Loan funds are transferred directly into the customer's account after the application is approved. Post-disbursement reconciliation is the step of cross-checking disbursement figures between the loan system and core banking to ensure they match.