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Online banking is the banking practices or processes through the internet. It is the electronic system with which customers of the bank or authorized financial institutions can make payment, do transactions, transfer money, pay bills, manage accounts and much more.
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ONLINE BANKING Facts about Online Banking In this digitally growing world, where every services are becoming digital or connecting with internet. One of the rapidly growing service Digital banking which is commonly known as Online banking or Internet banking. It has become much more common. Online banking is the banking practices or processes through internet. It is the electronic system with which customers of bank or authorised financial institutions can make payment, do transactions, transfer money, pay bills, manage accounts and much more. Another type of Online banking are mobile banking, credit card, ATM and more. It has many features like you can print, view bank statements, manage accounts, transfer money between accounts and submit requests. There is no need to visit bank and hence it saves a lot of time.
Various services provided in Online banking : Online applications Online bill payment Shopping Ticket-booking Mobile recharge Service request Fund transfer Account transfer Internet banking makes life so easy for all. With online internet banking anyone in family can manage accounts, transfer money from anywhere at anytime. It has solved many problems. Important facts of internet banking SECURITY BANKING AT CONVENIENCE SAVINGS EASE OF USE
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