Question

State an advantage and disadvantage of e banking

Answer 1

Answer:

5 advantage of e banking are given below:

1.Pay your bills online.

2.View your transactions.

3.Transfer money between account.

4.Mobile banking .

5.Syncing with your money application.

5 disadvantage of e banking are given below:

1.Technology issue.

2. Security issue.

3.No relationship with personal banker.4.Inconvenient to make deposits

5.Lack of personal banker relationship.