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Why do customers choose PC or Internet banking rather than traditional banking methods?

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Why do customers choose PC or Internet banking rather than traditional banking methods?

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• Convenient – you can conduct your banking affairs when you want to – any time, day or night. This allows you to pay bills, set up and amend standing orders and make transfers whenever it suits you. • Time-saving – you don’t need to visit your branch to carry out your banking business. • Easy and quick – you can manage your money more easily, transfer excess funds into high-interest savings accounts or switch money from your savings account to avoid overdraft charges on your current account. • Reassuring – with most systems you can easily confirm whether the cheque you paid into your account has cleared. • Profitable – many direct banking packages link into proprietary spreadsheets so that you can forecast your finances, plan ahead and improve your money management. What is the difference between PC banking and Internet banking? PC banking is conducted from your PC using a modem and special software supplied by your bank. Internet banking can be carried on anywhere using any PC with a

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