im doin coursework in school please help
2007-03-12 03:13:23 · 2 answers · asked by emmie 2 in Business & Finance ➔ Careers & Employment
The obvious one is the security issue.
Having your pass word stolen and funds illegally taken from your account. Internet passwords are not safe.
Often there is a delay in funds being cleared.
Cheques have to be mailed away.
No human interaction.
When it comes time to apply for a loan at your local branch, you have no relationship with the bank staff.
In banking you need to be seen by the branch manager and staff on a regular basis to form a relationship.
These sites have some information that may help your coursework:
http://www.military.com/Finance/content/0,15356,89417,00.html
http://www.investorwords.com/3420/online_banking.html
http://www.qck.com/online-banking.html
2007-03-12 03:20:13 · answer #1 · answered by Yellowstonedogs 7 · 2⤊ 0⤋
Well I hate to take away from yellowstonedogs opinion, but since I am disabled, I love my Internet banking...
I can check my cleared checks, I can see my deposits, I can see my withdraws, I can transfer money from checking to savings and vice verse, I can print up any copies I need with out leaving home...
My bank installed several new options for security and I have had no problems for the last 5 years I have done on line banking...
2007-03-12 19:21:26 · answer #2 · answered by aspenkdp2003 7 · 2⤊ 0⤋