E-Banking Or Internet Banking:

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Means any user with a personal computer and browser can get connected to his banks, website to perform any of the banking functions.  In internet banking system the bank has a centralized data base i.e., web-enabled.

 

Best example for E-Banking is ATM.

 

An ATM is an electronic fund transfer terminal capable of handling cash deposits, transfer between ALCS, Balance enquiries, cash withdrawals, and pay bills.

 

SERVICES THROUGH E-BANKING:

 

•     Bill payment service.

•     Fund Transfer

•     Investing through internet Banking

•     Shopping

 

Customers should never share personal information’s like pin nos., passwords, etc., with any one.

Through internet banking, you can check your transactions at any time of the day, and as many times as you want.

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