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What are the Banking online advantages over regular banking. Why would it be attractive to people?
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What conveniences are offered? Is it safe, or will other people get access to your accounts? How does the bank guarantee that your financial and personal information is secure? What are the different services offered, and the requirements needed to obtain the privilege of on-line banking over the Internet? Also, please explain which feature you personally find the best. Is there a bank you would prefer over others? Why?
Please help me out i have a project to do
You can move money between internal and external accounts and pay bills anytime of the day or night, and set up regular monthly billpays or savings, sitting at home on your fat butt, without having to drive to some certain bank branch during the work day.
And savings often get better interest rates.
And you can often get a free online account with a bank that otherwise charges a monthly fee for a checking account.
2 Responses to “What are the Banking online advantages over regular banking. Why would it be attractive to people?”
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November 27th, 2008 at 2:27 am
Better interest rates in general- i do not hold checking accoutns online, but savings, yes.
References :
November 27th, 2008 at 2:50 am
You can move money between internal and external accounts and pay bills anytime of the day or night, and set up regular monthly billpays or savings, sitting at home on your fat butt, without having to drive to some certain bank branch during the work day.
And savings often get better interest rates.
And you can often get a free online account with a bank that otherwise charges a monthly fee for a checking account.
References :