Question

opinion on e banking

Answer 1

E banking is a system
It is a system in which the whole process is controlled by Internet....
It is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website....
To access a financial institution's online banking facility, a customer with internet access will need to register with the institution for the service, and set up a password and other credentials for customer verification. 
The customer visits the financial institution's secure website, and enters the online banking facility using the customer number and credentials ....

Today, many banks are internet-only institutions. These "virtual banks" have lower overhead costs than their brick and mortar counterparts. In the United States, many online banks are insured by the Federal Deposit Insurance Corporation (FDIC) and can offer the same level of protection for the customers' funds as traditional banks..

Answer 2

My opinion on E-banking is given below.

Explanation:

E-banking is a product created for online banking that empowers one to have accessible and safe access to the bank account. It is the safe, easy, fast and efficient electronic service that facilitates an individual to have an easy access to bank record and to bring out online banking assistance, 24*7.

This has made human life more easy, since all the bank related works can be done from anywhere and thus one does not need to go to bank.

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E-banking

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