What is 'Off-Premise Banking'
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.
Explaining 'Off-Premise Banking'
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.
Further Reading
Off-premise ATM location assessment study based on extension analytic hierarchy processbooks.google.com [PDF]… themselves: the numbers of ATMs in off-premise locations have exploded and consumers … by banking concentration) has been systematically impaired at the local level, as would be expected if surcharging were reducing bank competition. 15 In fact, the average three …
ElEctronic Banking: analysis of sErvicEs and consumEr rEactions in nigEriajournal.utem.edu.my [PDF]… themselves: the numbers of ATMs in off-premise locations have exploded and consumers … by banking concentration) has been systematically impaired at the local level, as would be expected if surcharging were reducing bank competition. 15 In fact, the average three …
The Name's the Thing: Financial Communication Device, Not Automated Teller Machineheinonline.org [PDF]… themselves: the numbers of ATMs in off-premise locations have exploded and consumers … by banking concentration) has been systematically impaired at the local level, as would be expected if surcharging were reducing bank competition. 15 In fact, the average three …
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