what is banking. types of banking. benefits of banking. E-banking
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Benefits of E-banking
It allows 24/7 access to the bank account. It also sends notifications and alerts to get updated with the banking transactions and changes in the rules. It lowers transaction cost for the banks. It is convenient and easy for customers, as they are not required to visit the bank branch every time.
Explanation:
banking:
Banking refers to the process of money tranfers from and between bank and the clients. Banking invloves loans, credit facilities and other financial performances. Features of Banking. ... Banks main focus is on cash transaction which involves depositing and withdrawal of cash through various money agents.
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