EXAM: Business Online Buddy

5-digit Employee No.

Last Name only

1. 1. BOB is an online banking facility that enables our client to perform real-time banking transactions anytime and anywhere via the Internet. It also allows them to perform transactions in a safe, secure and convenient environment

• True

• False

The following are features of the Business Online Buddy (BOB):

Manage accounts and monitor their cash flow, View the transaction history of all enrolled accounts, Collect receivables from their clients, Print checks using pre-printed check vouchers, and Define user and access controls

• True

• False

3. Who are the target clients of BOB ?

• Large Corporations

• Small Medium Enterprises

• Individuals and families

• All of the above

4. The following are the account types that you can enroll in BOB.

5. Peso Savings/Checking, Dollar Savings, Euro Savings, Loan Accounts, Prepaid Accounts, Time Deposit Accounts.

• True

• False

5. The following are the requirements needed to get started with BOB. Memorandum of Agreement, BOB Enrollment Form, Screenshot of Flexcube details, ID’s of assigned Users, Business Registration, Secretary Certificate, if applicable.

   
   

• True

• False

6. 6. Automatic Debit Arrangement (ADA) is a service of BOB under collection. This allows collection of receivables and promptly debits accounts of client's customers on scheduled date and credits client's designated collection account.

• True

• False

How can Business Online Buddy help provide an effortless experience to our clients? (10 pts.)