Write the importance of e-banking
Answers
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:
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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