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An online bank has lower operating costs than a retail bank.
Wiki User
∙ 11y ago
Wiki User
∙ 13y agoSimply put, Home Banking refers to the use of both the Telephone and the internet to carry-out electronic banking transactions from one's home. Online- or Internet Banking relates only to the use of the Internet to do one's banking electronically.
Wiki User
∙ 9y agoOn line banking is just that, like visiting your bank without the hassle. You can manage your accounts and money easily
Whereas a virtual bank is where you can visit a bank and see inside the bank, following through each public room, and thats all, totally different
Wiki User
∙ 13y agoThey both refer to one and the same. Some people call it internet banking and some call it online banking. In both cases, customers login to their banks website using their login id and password to view details of their bank accounts and perform banking transactions like funds transfer.
Wiki User
∙ 13y agoonline banking and internet banking is the same thing, to go online you need internet.
Wiki User
∙ 14y agothe two words for same think, also web banking, net banking, etc.
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What is the difference between net banking and online banking?
These are two ways to describe the same type of banking: managing your account using the internet instead of walking into a branch.
What are Difference between home banking and on line banking?
the difference between home banking and on line banking is the way how to deposit and withdraw your money savings.home banking is you go personally to the bank company and deposit there . while on line banking is you just go to the electronic machine using w/ your card or via mobile phone .
Distinguish between e-banking and internet banking and online banking?
It's my belief that they are one and the same, but if I'm wrong I'll be glad to see the correct answer!
What the different between an Internet bank and Internet banking?
Internet Banking is a website setup by normal banks that lets you check your account balance and other things online. An Internet Bank however is an actual bank setup on the internet. They do not have any branches and you can only access your account through their internet banking website.
Who is lloydstsb internet banking and what do they offer?
lloydstsb internet banking, a bank of the United Kingdom, is a site where you can do all your online banking each day, and any time of day you chose It offers such products as international banking, online banking and mobile banking.
What is the difference between wholesale banking and corporate banking and Financial Institutions?
what security features should online banking institutions offer to their customers?=by:SMB=what security features should online banking institutions offer to their customers?=by:SMB=
Can you register for online banking on the internet?
yes
Does lloydstsb offer internet banking?
Lloyds TSB Offshore banking appears to offer internet banking through their website for their members. If this is something you are interested in I would suggest contacting them directly to set it up.
Does 1st Direct offer online banking?
First Direct does offer online banking services. They have recently been rated as the best Internet Banking Service in the United Kingdom. They provide a full range of internet banking service.
What servics are available at hsbc online?
They are a bank. They offer online banking services. There is personal banking and also business banking. They also show you how to use the internet banking.
What services does Lloyds Online offer?
"Lloyd's Online is apparently a renowned online banking corporation. It offers bank accounts, personal banking, internet banking, small groups, corporate banking, etc."
What is methodology of online banking?
Methodology of online banking is usually based on the internet penetration and the technological development in many countries.
