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Online banking uses the internet as the delivery channel by which to conduct banking activity, for example, transferring funds, paying bills, viewing checking and savings account balances, paying mortgages, and purchasing financial instruments and certificates of deposit. An Online banking customer accesses his or her accounts from a browserâ software that runs Online banking programs resident on the bankâs World Wide Web server, not on the userâs PC...
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An Online banking customer accesses his or her accounts from a browserâ software that runs Online banking programs resident on the bankâs World Wide Web server, not on the userâs PC. Online banking is also known as virtual banking, cyber banking, net banking, interactive banking, or web banking...
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