PROS AND CONS OF ONLINE-BANKING

ADVANTAGE
•Benefits for Banks
•Paying Bill OnLine
•Benefits for Small to Medium Businesses
•Benefits for Customers
•Other Facilities
 Disadvantages

• Security Risk 

• Fraudulent Bank Websites

• Fake e-mails

• Viruses and Worms-Trojan Horse Program

 TOP E-BANKS
• Wellsfargo.com
• Citibank.com
• Bankofamerica.com
• Bankus.etrade.com
• Huntington.com
• Firstnational.com
• Hsbc.com
• Usbank.com
 DIFFERENT SERVICES PROVIDED
UNDER E-BANKING
• ONLINE BILL PAYMENT
• SHOPPING
• TICKET BOOKING
• PRE PAID MOBILE RECHARGE
• MARKET WATCH
• PERSONAL HOME PAGE
• INVESTMENT SERVICES
• ONLINE APPLICATIONS
• PERSONAL UPDATE
 SERVICE PROVIDED BY SBI
• SELF –ACCOUNT FUND TRANSFER ACROSS INDIA
• THIRD PARTY TRANSFERS IN THE SAME BRANCH
• NEW ACCOUNT OPENING
• DEMAND DRAFT REQUESTS
• LIC AND OTHER INSURANCE PREMIUM PAYMENTS
• SBI MUTUAL FUNDS INVESTMENT
• DONATION TO RED CROSS AND SUCH OTHER
ORGANISATIONS
 SERVICE PROVIDED BY ICICI
• BILL PAYMENT
• FUND TRANSFER
• ACCOUNT INFORMATION
• SMART MONEY ORDER
• SERVICE REQUEST
• CONVERT TO EMI
• A/C TO CARD TRANSFER
• PREPAID MOBILE RECHARGE
• ACCOUNT TRANSFER