Question

what is mean by electronic banking

Answer 1

For many people, electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking involves many different types of transactions, rights, responsibilities — and sometimes, fees

Answer 2

A number of banks have now started electronic or internet banking, where the account holder need not visit the bank personally but can operate his account from his the banks. Electronic banking is gaining in popularity as computer usage is spreading in the country.