iGB

Internet Generation Blog

Advantages and disadvantages of online banking

Posted by admin

Advantages

  • Online bank is never closed, is available 24 hours a day
  • You may log in to your account from any place
  • Transaction made via online bank is very fast
  • Many online banking provides sophisticated tools like stock quotes, rate alerts, account aggregation

Disadvantages

  • Start-up may take a time
  • Account navigation is difficult at first
  • For many people the biggest disadvantage is learning to trust it

Leave a Reply

You must be logged in to post a comment.