Business Studies, asked by vivek534, 1 year ago

what is e banking advantage

Answers

Answered by Iris16
1
 your answer is

Online account is simple to open and easy to operate.It is quite convenient as you can easily pay your bills, can transfer funds between accounts, etc. Now you do not have to stand in a queue to pay off your bills; also you do not have to keep receipts of all the bills as you can now easily view your transactions.It is available all the time, i.e. 24x7. You can perform your tasks from anywhere and at any time; even in night when the bank is closed or on holidays. The only thing you need to have is an active internet connection.It is fast and efficient. Funds get transferred from one account to the other very fast. You can also manage several accounts easily through internet banking.Through Internet banking, you can keep an eye on your transactions and account balance all the time. This facility also keeps your account safe. This means that by the ease of monitoring your account at anytime, you can get to know about any fraudulent activity or threat to your account before it can pose your account to severe damage.It also acts as a great medium for the banks to endorse their products and services. The services include loans, investment options, and many other


i have not written in points....
Answered by Khushi2007
1
when we dklo electronic banking the advantages are
are bank accounts are safe
we prevent wastage of paper
it shows that we believe in going digital
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