account balances and history including year-to-date information, the abilityto transfer money from one account to another and to payees for billpayments, check history, reorders, and stop payments, check credit cardbalances and statements, complete online loan applications, secureinteractive messaging with staff, and much more.Internet banking basically allows you to be able to do everything that youcan in your regular banking institution, only with the benefit that you can doit all right from the convenience of your own home. Not only is this greatbecause you can be comfortable and have peace of mind knowing that youcan keep track yourself of all your banking issues, but as well it allows formore ease because you never have to worry about rushing out and making itto the bank.
1.1 STATEMENT OF THE PROBLEM
With the problems and limitations associated with manual bankingprocedures as witnessed in most parastatals today, complied with theproblems associated with the existing application programs even much morein the presence of serious technological advances aimed at improvinginformation system. This is activities aimed at shedding light upon the needfor improvement in accounting activities and the means of achieving itsefficiency, effectiveness, reliability and success promising future throughcomputer intervention.Internet banking identifies a particular set of technological solutions for thedevelopment and the distribution of financial services, which rely upon theopen architecture of the Internet. With the implementation of an Internetbanking system, the banks maintain a direct relationship with the end usersvia the web and are able to provide a personal characterization to theinterface, by offering additional customised services.