What are the disadvantages of E-Banking?

Answer 1

1. E-banking promotes lack of socialising/social contacts 2. Hackers may intercept data and defraud customers 3. Phone bills can increase 4. Customers will be more vulnerable to phishing 5. Customers are compelled to have computers at home, internet access and computers skills 6. Easier for customers to mismanage their accounts due to the 24-hour service that will be available

Answer 2

if the bank server is down you can't use it.

security risks and change the sites of the banks.