English, asked by altamash666, 1 year ago

view and counterview on online net banking is better than going personally to the bank for transactions

Answers

Answered by brainrockteju
21

Answer:Internet Banking refers to the banking services provided by the banks over the internet. Some of these services include paying of bills, funds transfer, viewing account statement, etc. Banks also deliver their latest products and services over the internet. Internet banking is performed through a computer system or similar devices that can connect to the banking site via the internet. Nowadays, you can also use internet banking on your mobile phones using a Wi-Fi or 3G connection. With the ease of availability of cyber cafes in the cities, it has become quite popular.

Banking is now no more limited in going and visiting the bank in person for various purposes like depositing and withdrawing money, requesting for account statement, stop a payment, etc. You can do all these tasks and many more using the online services offered by the banks. You can also keep a track of your account transactions and balance all the time. Now getting passbooks updated to know the total account balance is a matter of past.

Transactional activities like funds transfer, bill pay, loan applications and transactions.Non-transactional activities like request for cheque book, stop payment, online statements, updating your contact information.

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