Question

Give two benefits of e banking.

Answer 1

Answer:

there are many benefits of e banking.to know this take a look at explanation

Explanation:

**)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.

**)24/7 account and service access.

**)Speed and efficiency.

**)Online bill payment.

**)Low overhead can mean low fees.

**)Low overhead can mean high interest rates on deposit accounts.

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