What is e banking?

Answer 1

e-banking or internet banking is a service feature offered by most banks these days to its customers. Using this feature a customer can access his account from the comfort of his home using a computer and internet connection. The customer can check his balance or print statements or even transfer money to another account using this service.

Answer 2

There is no official definition of this term, but it generally implies a service that allows customers to use some form of computer to access account-specific information and possibly conduct transactions from a remote location - such as at home or at the workplace. The obvious advantage to the consumer is convenience--one bank recently used the advertising motto "bank naked" to emphasize the customer's freedom to conduct routine banking transactions from the comfort and security of his/her home 24X7.