answersLogoWhite

0

What is online banking?

Updated: 11/10/2022
User Avatar

Wiki User

13y ago

Best Answer

Online banking is essentially managing your account(s) at a bank through use of the internet. The first step is setting up your online account where you choose a user name and either have a password assigned to you or choose it yourself. You then use your user name and password to log in to your account. You can typically use online banking to do things like pay credit card bills or transfer money between accounts.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

Online banking is a system of making electronic payment that gives the customers of financial institution to do financial transactions on the website used by the istitutions.Online banking is helpful for making bill payments,transfer funds both internally & externally,Get account information,view transaction statement,deposit checks,paid checks and deposit slips.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is online banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What options does Suntrust online banking offer?

Suntrust online banking offers online statements, mobile banking, online bill pay, and ebills.


What are the advantages for online banking for account folders?

what are the advantages of online banking


What does IBC online banking have to offer?

There are many things IBC online banking offers. In addition to banking services, one also can use the online banking services to pay bills and transfer funds online.


How did online banking influence banking?

Online banking influenced the industry by allowing customers new and quick access to markets


Entity relationship diagram for online banking?

An entity-relationship diagram for online banking includes the process of online banking and the relationship between each step. It is a model that maps out, describes, and defines how components are linked for online banking.


How does one do online banking at BBT?

You can do online banking at BBT by enrolling in BBT online banking. Once you have enrolled, you can login to the BBT website and pay bills or check transfers online.


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 banks provide nationwide online banking?

Nationwide provides nationwide online banking.


How do i search online banking for pnc bank?

How do i search online banking for pnc bank


Does Associated Bank offer online banking?

Associated Bank does offer online banking!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


What exactly does online banking cibc refer to?

Online banking cibc is when you can check you bank account online and do online payments. This does not consist of any service fees. However, you would need a computer for online banking.


Are there fees for using online banking?

Yes, banks generally do charge for online banking, but less than other forms of banking.