Finance Banking

Advantages Of Direct Online Banking

Published at 07/19/2011 15:31:55

These days banking can be done not only through a bank but also through phone and by internet. Banking has become part of our system because banks not only keep our wealth safe but they also help us to gain more on our savings.

With growth in population and increase in per capital income, banks have seen unprecedented growth of customers which has led to huge rush of people on all week days for doing transactions.

To make their work easy banks have started phone and internet banking. Internet banking is also called as direct online banking. Globally there are many people who have opted for direct online banking account.

To get a direct online banking account you have to make a request to your bank. If you are not having a bank account then you can apply for new one which will also have online banking option but to activate it or not completely depends on you.

While using a direct online banking account care should be taken that your login details should not be revealed to anyone because your online banking account might get hacked. Also remember not to use cyber cafes for online transaction because your login information could get stored on the PC and your direct online banking account might be hacked. Direct online banking accounts are safe, fast and secure you just have to be careful while using it.

Lets us see the different advantages of using a direct online banking account –

·  No traveling

To do banking transactions through a banks branch one has to travel all the way from home and if your bank is at some distance then banking could be a headache but those people who have a direct banking online account don’t have to travel because they can do various banking transactions from their home and office.

·  No queues

When we go to a bank there are always long queues at every counter and it makes us sick. With direct online banking account you don’t get tired or get any headache because you don’t have to stand in queues. Through your online account you can do various transactions from your home or office without sweating.

·  No time wasting

Due to maddening rush in banks many times we get late for office or some other important meeting or work but with direct online banking account you don’t have to waste your time because there is no rush. With your direct online banking account you can do various transactions in few minutes.  

·  No interaction

While doing transaction you don’t have to interact with stressed out bank employees who at times insult you in public in the bank but when you use direct online banking account you are the boss and there is no need of any interaction. You can do any transaction within few minutes.

·  In private

Direct online banking account provides you complete privacy which we don’t get in banks while making transactions.

·  Transfer and Get now

Transferring as well as receiving money through direct online banking account is very fast because it takes only few minutes to transfer and receive funds.

Tips and comments:

Direct online banking accounts are here to stay and they are a better option for banking. Branch banking is indeed very tiring hence these accounts have become the need of the hour. Though there are few dangers in direct online banking but if we take precautions it is very safe and secure. It is very fast and it is also very useful for old people. Online banking is useful to every section of the society.

Comments

Most Recent Articles

  • Home Banking And Hackers
    Home banking is nothing but internet banking or online banking. Home banking can also be done through phone hence it is also called as phone banking. Home banking facility was started by...
  • Advantages Of Sign In To Online Banking
    Now-a-days everyone has a bank account. Even though there are many banks on this globe with numerous branches spread in every corner but everyday each one of them gets congested with peo...
  • How To Use Netbanking
    Online banking is also called as net banking. Online banking needs a computer system with an internet connection which is secure and has good speed. When online banking was started only ...
  • Online Banking And Technology
    In olden days all banking work was carried out manually but as computers came into existence banks started using computers with different banking software packages. In early days banks w...
  • Customers Of Online Banking
    Banks have become part of our day-to-day life. Banks not only allow us to save our money they also give us wealth security. Banks provide us with very good investment options. There are ...
  • Netbanking Facliitating Transfers 24 X 7
    The idea of netbanking was conceptualized because it was impossible to do branch banking 24x7 and also in branch banking there was unprecedented rush on week days for withdrawing cash th...
  • What Is Internet Banking?
    Internet banking is nothing but doing various banking activities over the internet. Internet banking is also known as online banking or e-banking. Globalization of banking sector and rap...
  • 10 Wornings Before You Sign In To Online Banking
    Now, you can view your banking transactions of your local branch quickly and simply with your personal computer or smartphone. You can give deposits, transfer funds, see your checking histor...
  • Online Banking And Central Banks
    We use technology and electronics to make our life easier and to resolve our tedious tasks. Online banking is one of those technologies. It can be defined as an account which is operated onl...
  • Online Banking Solutions In Europe
    Online Banking helps the users to manage their financial enterprises on the website of their respective banks or through credit associations. Online Banking, not only in Europe but throughou...
  • Hints For Online Banking
     In this day and age, internet has played a big role in the lives of people by allowing the access to its different features and applications in which online banking is one of it. T...
  • American Retail Banks And Online Banking
      In the last two decades, the Internet became the most used mean of communication, its popularity growing rapidly as the years passed. Large numbers of industries and entrepreneurs us...
  • Future Of On Line Banking Provided By Bank
    Internet banking or what is commonly referred to as on line banking bank offers, allows people to perform financial transactions through the web in a more convenient and time-saving manner. ...
  • Online Banking with Bank of America
    Banking has become part of our day-to-day life. There are many banks operating all across the globe and one of them is Bank of America. It is one of the oldest banking institutions on th...
  • What Is Online Banking Software?
    Banks have gone global with online banking and it has been possible only due to internet technology. Internet has spread to all corners on this globe and everyone is using it because it ...