What is e-banking
Is the banks that perform banking operations electronically through the Internet, where the same work regular banks with the main objective is to provide services to customers, but without the need to guide the client to the mechanism conducted via the Internet, and these banks have found in order to facilitate customer service mechanisms more efficient ways, has begun work these banks in the eighties after the use of cardboard and plastic cards in financial transactions, and with the emergence of electronic trading and the evolution of the Internet has increased the need to use the means of facilitating withdrawals and deposits, and these banks have emerged strongly after and became a key from a private banking operation part after an increase in the size of the financial markets and the increasing number of traders, and their need for faster methods in light of the continued increase of the deliberative processes they shorten the time and effort is not limited to time or place for the possibility of dealing with it. These banks is the new direction of the prevailing pattern bank with new additional benefits.
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The advantages of electronic banking:
Easier and save time and effort of various financial transactions without the need to go to the bank or waiting time work schedule, you can transfer funds to complete the transactions by one of these banks.
The ease of financial transactions thus lead to an increase in size and speed of delivery and thereby increasing liquidity.
Financial electronic transactions have become safer there, there is no likelihood of exposure to manipulate or bank checks stolen.
Lower cost: Financial Valtaamlat do not need to electronic currency required by normal bank, and this in addition to the cost of a shortcut to go to the bank, which bring greater satisfaction to its customers.
Many and varied banking services: e-enable its customers to enjoy the banks of other additional services.
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Cons electronic banking:
The difficulty of determining the size of a particular bank liquidity, there are internal and external transactions can not be counted and to know its size and thus can not determine the size of the resulting liquidity and this will be presented to state its risks.
The possibility of fraud and swindling: Some cards can be fraud or copy information other people especially in light of this great technological development that helps to break some of the information and exit for confidentiality.
An error may occur in the use of this mechanism and any mistake will lead to problems and thus block in his work.
The difficulty of the appropriate legal application like a normal bank.
This system may be exposed to a virus that may cause penetrate and disrupt the system.
The risk of non-compliance foreign manufacturing operations which banks may expose the weakness of its policy.
