Investment dictionary

OFFPREMISE BANKING

Off-Premise Banking: translation

Any bank location other than its main location that provides banking services of any kind that don't require tellers. Off-premise banking locations can be found in convenience stores, airports and shopping centers. ATMs can normally be referred to as off-premise banking locations.

Off-premise banking locations are usually very expensive to establish; however, they tend to be profitable entities for the bank over the long run. This is because they tend to have a superior cost-to-transaction ratio than traditional bank locations staffed by personnel.

  1. offpremise banking—банк. банковское обслуживание вне банкаu различные формы банковского обслуживания при которых клиент может воспользоваться банковскими услугами вне банковских помещений н...Англо-русский экономический словарь