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title: "E-Banking Overview"
canonical: "https://kb.myframeworks.com.au/space/PROSTIXV48DOC/31101387/E-Banking%20Overview"
format: markdown
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Automate your critical banking activities and interact electronically with your bank with comprehensive tools that help reduce administrative costs, increase productivity, and improve cash management. The ProStix  E-Banking  Module provides the ability to process statement files from your banking software directly into your business application as well as direct credit payments from your business back to your banking software. Combined with the ProStix Management application, E-Banking provides a very cost effective and functional method of processing all your bank transactions through to account reconciliation. This feature provides an import/export facility to communicate with PC-based online banking packages provided by major banks.  There is no direct interfacing with the banks themselves, rather the Electronic Trade module (ETM) is used for the import of bank statements. Features of E-Banking: