ONLINE BANKING / INTERNET BANKS

Online banking (Internet banking) is a term used for performing transactions, payments etc. over the internet through a bank's secure website. Internet banking can be very useful, especially for banking outside bank hours (which tend to be very short) and banking from anywhere where internet access is available. In most cases a web browser is utilized and any normal internet connection is suitable. No special software or hardware is usually needed.

The number of customers who choose online banking as the preferred method of dealing with their finances is growing rapidly due to the clear improvement in convenience it offers, including such features as electronic bill payment. There are also more and more banks that operate exclusively online.

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