Mention advantages and disadvantages of e-banking.
Answers
Answer:
Advantages
An online account is simple to open and easy to operate.
disadvantages
Understanding the usage of internet banking might be difficult at the first. That said, there are some sites which offer a demo on how to access online accounts (not all banks offer this). So, a person who is new to technology might face some difficulty.
advantages
It's convenient, because you can easily pay your bills and transfer your funds between accounts from nearly anywhere in the world.
disadvantages
You cannot have access to online banking if you don’t have an internet connection; thus, without the availability of internet access, it may not be useful
Answer:
Advantages - These transactions can be done from any part of the world, E-banking provides 24/7 service during all days of a month. It saves time and helps the bank to reduce the cost of transactions.A costumer can do a number of things using e-banking , such as he can check the amount in his account , make FD ( Fixed Deposit )
Here are some advantages
Not sure of disadvantages tho