Telephone Banking System definition

Telephone Banking System means a telephone banking communications system as declared in the proposal form which provides customers of the Assured with direct access to the Assured’s Computer System via an automated touch tone telephone service and which requires the use of a Tested code in order to effect any banking transactions but does not mean a private branch exchange, voice mail processor, automated call attendant or a computer system with a similar capacity used for the direction or routing of telephone calls in a voice communications network.
Telephone Banking System means a telephone banking communications

Examples of Telephone Banking System in a sentence

  • Before you can use “MoneyLine” Audio Response Electronic Telephone Banking, you must obtain an Audio Response Electronic Telephone Banking System Personal Identification Number (PIN).