Difference between online banking and internet banking?

Answer 1

An online bank has lower operating costs than a retail bank.

Answer 2

Simply 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.

Answer 3

On 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

Answer 4

They 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.

Answer 5

online banking and internet banking is the same thing, to go online you need internet.

Answer 6

the two words for same think, also web banking, net banking, etc.