Online banking

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Online banking

From Wikipedia, the free encyclopedia
 
Online banking is a term used for performing multiple transactions, payments etc. over the Internet

Online banking is an electronic payment system that enables customers of a financial institution to conduct financial transactions on a website operated by the institution, such as a retail bank, virtual bank, credit union or building society. Online banking is also referred as Internet banking, e-banking, virtual banking and by other terms.

To access a financial institution's online banking facility, a customer with Internet access would need to register with the institution for the service, and set up some password (under various names) for customer verification. The password for online banking is normally not the same as for telephone banking. Financial institutions now routinely allocate customers numbers (also under various names), whether or not customers have indicated an intention to access their online banking facility. Customers' numbers are normally not the same as account numbers, because a number of customer accounts can be linked to the one customer number. The customer can link to the customer number any account which the customer controls, which may be cheque, savings, loan, credit card and other accounts. Customer numbers will also not be the same as any debit or credit card issued by the financial institution to the customer.

About Banking with us

Domain is like the shopfront of your business. You might be just starting a new business, with the actual shopfront you will need to thousands of dollars to dress up the place, stock-up the store...what's next? Wait for the first visitor to come. Have you consider before everything is moving, you might want to announce to the world the new business you have hatched.

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