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Features of online banking

International money transfer

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Features of online banking

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  1. Features of online banking

  2. . Online banking is a facility that offers banks and financial institutions that allow customers to use online banking services. Customers do not need to visit their bank for services. online money transfer service provides customers with almost all the traditional services . Features of Online Banking: ➢ ➢ View online account statement. ➢ ➢ Open a fixed deposit account. ➢ ➢ Pay off state debt such as water debt and electricity bills. ➢ ➢ Make merchant payments. ➢ ➢ Transfer funds. ➢ ➢ Order a checkbook. ➢ ➢ Buy regular insurance. ➢ ➢ Recharge prepaid bills

  3. . With online banking, customers are not required to visit a bank branch to complete most of their basic banking activities. They can do all of this on their own initiative, wherever they want - at home, at work or wherever they go. Online banking requires a computer or other device,with an Internet connection. To access this service, clients need to sign up for an online banking service.The benefits of an online banking are as follows: Availability: Most of the services offered are not timed; you can check your account balance at any time and transfer money without waiting for the bank to open. ★

  4. . Easy service: Using the services offered by online banking is simple and easy. Many find it easier to conduct an online transaction than to visit a branch in the same way. ★ Convenience: You can complete your transaction from anywhere. Pay government bills, regular account installments, and others using online banking. ★ Effective Time: You can complete any transaction in a few seconds. Funds can be transferred to any account worldwide or open an instant deposit account immediately. ★

  5. . Work Tracking : If you make a transaction at a bank branch, you will receive a receipt for approval. On the contrary, all your online banking activities will be recorded. Details such as the name of the payer, bank account number, amount paid, date and time of payment, and comments on whether to record. ★

  6. . During the pandemic , people have chosen flexible and easy-to-use job transfer options at home and online to avoid any form of direct communication. Thus, even though the economy and direct financial interactions have experienced stagnation in recent years, online money transfer have seen an increase during the epidemic.

  7. THANK YOU

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