Question

advantages of e banking
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Answer 1

Answer:

The main advantages of electronic banking are: –

1. The main advantages of electronic banking are: –The cost of operation per unit of services is lower for banks.
2. The main advantages of electronic banking are: –The cost of operation per unit of services is lower for banks.Offers convenience to customers since they are not required to go to the bank's facilities.
3. The main advantages of electronic banking are: –The cost of operation per unit of services is lower for banks.Offers convenience to customers since they are not required to go to the bank's facilities.There is a very low incidence of errors.
4. The main advantages of electronic banking are: –The cost of operation per unit of services is lower for banks.Offers convenience to customers since they are not required to go to the bank's facilities.There is a very low incidence of errors.The customer can obtain funds at any time from ATMs.

Answer 2

Answer:

The main advantages of electronic banking are: –

The cost of operation per unit of services is lower for banks.

Offers convenience to customers since they are not required to go to the bank's facilities.

There is a very low incidence of errors.

The customer can obtain funds at any time from ATMs.