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E-BANKING.

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by-RHEA NAIQUE.

 

E-banking or electronic banking, it is a banking method where the customer makes transactions electronically using internet connection. there is no need for the customer to visit the bank as before.

What all can we do using e-banking?

  1. fund transfer
  2. you can check your account statements
  3. make bill payments and other transactions
  4. locating nearest banks and ATM’s
  5. opening a bank account

what all can be the benefits of e-banking?

  1. allows 24/7 access to your bank account
  2. you can make transactions anytime and anywhere.
  3. it notifies you, your account status once a transaction is made.
  4. it saves your time that is you need not visit the bank.

however there is cyber crime taking place . there are many fake websites which cheat you and hack your account . do not visit a website if it does not have any security provision. they can ask you for your personal bank details or your credit card details and create a forgery. incase you are trapped by such fraudulent websites you need to immediately inform the bank which is incharge they will cease your account immediately.

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