The online banking system will typically connect to or be part of the core banking system operated by a bank and is in contrast to branch banking which was the traditional way customers accessed banking services. Online banking is also known as Internet banking or web banking. corporate customers as well as retail and fiduciary products for consumers. Online banking, also known as internet banking or web banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. “Internet banking” refers to systems that enable bank customers to access. Internet banking products and services can include wholesale products for. Introduction. The online banking system will typically connect to … accounts and general information on bank products and services through a. personal computer (PC) or other intelligent device. Online banking allows a user to conduct financial transactions via the Internet. Online … Online banking, also known as internet banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website.
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