benefits of e banking to customers and to bank

Bank have been introduce a new feture and it reduces of staff but it is more expansive for banking

E Banking reduces the tension of the customers of carrying cash while travelling. Now the customer can easily transfer money sitting at home this saves the time of the customers to go to bank stand in line. As e-banking provides the facility of 24-hours services the customer has been benefited a lot. Benefits to bank Loads on branches are considerably reduced by establishing centralised data. It provides competitive advantage to the banks. I hope this answers will help you