Social Sciences, asked by madiha10, 10 months ago

What are the advantages of internet banking ?​

Answers

Answered by Ajay78663
3

Explanation:

Two of the biggest advantages to online-only banking are the high interest rates and low fees. Online-only banks don't pay overhead for physical branches or the employees to staff them.

Answered by BihariSwag
3

Advantages of internet banking:

  • 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.

Hope it Helps

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