Wednesday, 17 September 2008

Mr Highmore- Online banking

The advantages and disadvantages of Online banking:

Advantages

  • You do not have to queue up because you can sort out all your details over the internet
  • The way in which the service can be done is quicker online because in the bank problems like the system going down can occur.
  • Regular track- means you can check your account everyday
  • Save paper- helps enviroment
  • Business find it easier to control online accouts

Disadvantages:

  • Fraud- can occur easier online than inside the bank
  • If you have a problem or question that would need answering you could not get an instant anwer.
  • diffucult to use- some are complex to work out.

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