Internet+banking+and+brokerage

Internet banking and brokerage Internet Banking also known as online banking, allows customers to conduct financial transactions on a secure website which is operated by the retail bank.

transactions that can be made through internet banking are :


 * Electronic bill payments
 * Funds transfer from a customers own account to anothers account
 * Investments purchases or sales
 * Loan transactions

non transactional applications :


 * Bank statments
 * Online statments
 * Cobrowsing
 * Chats

Advantages of online banking Disadvantages of Online Banking
 * Transactions can be made 24/7
 * Transactions can be made from any place that has a network
 * Online banking is faster and more efficient
 * Its time consuming to set up
 * Employees may require training
 * Customers may also need to be trained to use online banking websites
 * Identity may be stolen online

Here is a video which talks about the scurity of Online Banking:media type="youtube" key="idZFgvMRN78" height="385" width="480"

This is a promotion video for the HSBC online banking services media type="youtube" key="8T96TDM8umk" height="385" width="480"