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!
They both refer to the same. Some people call it electronic banking or e-banking and some people call it internet banking. This is the facility using which a customer can use his bank account and initiate banking transactions from the comfort of his home using a computer. All he needs is a login id/pwd for the banks website.
tero bau
pwned noob
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.
These are two ways to describe the same type of banking: managing your account using the internet instead of walking into a branch.
None, internet banking is simply a website front-end intended for customers of a bank where they can perform regular banking activites such as payment of bills and research information about loans, while cooperative banking is a financial institution backed by a cooperation.
They both refer to one and the same. Some people call it internet banking and some call it e 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.
how can you distinguish between them
Difference between chain banking group banking?
An online bank has lower operating costs than a retail bank.
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 book keeping and accounting