What is Internet Banking?
Internet banking is one of the easiest ways to conduct banking transactions. Several banking transactions can be conducted using a personal computer hooked up to the Internet. All one needs is a bank account that is activated for transactions on the Internet. All banks offer their customers an internet banking facility. All transactions are performed over the Internet using a bank’s secure website. The main reason why internet banking is very popular is that it enables banking even during non-banking hours. Most of the banks’ websites use web browsers as the interface to conduct transactions. These interfaces are made very user friendly so that customers do not have any trouble navigating through the transactions. Transactions like electronic bill payment, downloading of bank statements, online money transfers, and the like are the usual transactions conducted using an Internet banking facility. For the protection of the customers’ interests, banks use certain measures.
Quite simply, internet banking is the service we provide to let you carry out a range of banking transactions online, at any time that suits you. Once you’ve registered, you can view your accounts, make transfers, order cheque books, and stop cheques, direct debits and standing orders – without being restricted by banking hours. All you need is a PC with internet access. (Please note: some services are only available to personal banking customers.