Question

Write the importance of e-banking​

Answer 1

Answer:

IMPORTANCE OF E-BANKING:

It provides ways for international banking. It provides banking throughout the year 24/7 days from any place have internet access.

It provides convenience in terms of capital, labour, time all the resources needed to make a transaction.

Explanation:

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Answer 2

Answer:

Businesses rely on efficient and rapid access to banking information for cash flow reviews, auditing and daily financial transaction processing. E-banking offers ease of access, secure transactions and 24-hour banking options.

Benefits of Online Banking

Check balances on accounts and view records of your transactions.

Pay bills automatically each month with easy-to-set-up auto payment.

Transfer funds between accounts.

Download or print statements for your tax or personal records.

Access your account 24/7.

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