There are three ways in which the services can be accessed from the mobile depending upon the cell phone compatibility and its make. This makes mobile banking available for everyone. The first one is through SMS wherein the balance information and banking passwords are sent to the user via SMS. Secondly, some banks have dedicated software applications that can be downloaded on the mobile for accessing the bank account. Thirdly, the mobiles that have Internet browser facility can access the banking applications easily like a computer.
Read more at Buzzle: http://www.buzzle.com/articles/pros-and-cons-of-mobile-banking.html