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With the recent online banking revolution, now most of the banking transactions can be completed online, including billpay, balance check, online ATM, purchase insuarance, take out loans. But what is the newest service avaliable? What is your favorit feature?

2006-08-08 22:55:04 · 4 answers · asked by Dianna 4 in Business & Finance Personal Finance

4 answers

On line Trading is one of the good product. This helps small investor by totally removing dependency on brokers and with d-mat and account linkage helps in faster clearance and more reliable trading.

Another is on line fund transfer. Earlier it used to take around 3 weeks to reach money to my parents (Go to bank, get draft, go to post office, send it, they receive it, go to bank, deposit, it get cleared, go to bank again, withdraw money whereas now it is instant transfer)

Next one is On line statement - You can monitor your account all the time whereas earlier you were dependent on statement of accounts.

Last but not least is overseas deposits which was rarely available earlier.

2006-08-11 12:54:02 · answer #1 · answered by Jigyasu Prani 6 · 0 0

My favorite thing is that I don't have to buy stamps anymore, and I haven't stood in line at the post office for 3 years now. I buy gifts from Walmart or Home Depot, online, and they send them for a fee, that I pay online. It is so cool. I don't do the insurance thing, I have $1000,00 overdraft protection, but I never use it cause it costs $9 bucks a time.

2006-08-09 06:02:51 · answer #2 · answered by Anonymous · 0 0

Chase includes CC handling...

2006-08-09 05:58:43 · answer #3 · answered by Anonymous · 0 0

my favourite: online share trading

2006-08-17 04:55:18 · answer #4 · answered by KingRichard 6 · 0 0

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