Online Banking

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Online Banking

Banking services offered over the Internet. Online banking often includes access to one's checking and savings accounts, the ability to view balances, and so forth. Many banks (though not all) offer online banking without any additional fees.
References in periodicals archive ?
A seventh institution, E-Bank Limited, has provisional authorization and will be granted final authorization in terms of the Act after fulfilling some specified conditions within the period of time required by the Bank according to the statement issued to the Economist by the central bank.
54 percent year on year, owing to the strong performances in the businesses of e-bank, credit card and consignment sales of bonds.
Laiki e-bank customers are also automatically entered into a celebratory New Year draw, with one luck customer winning e1/42,010.
Ahli United Bank (Egypt) launched its internet banking service, My E-Bank, providing customers with a way to manage their finances online, including accounts, loans, credit cards, and deposit certificates.
Clients who wish to complete their e-banking at the site can also do so, with a dedicated e-bank station that links to the bank's online services.
For example, if a customer canceled a flight, the credit would automatically go back into his e-bank.
A person with reduced eyesight will now be able to have the same high level Digipass security as other e-bank account holders.
This e-bank offers its customers the same services they would find at any traditional institution--certificates of deposit, interest checking, overdraft protection and savings accounts--as well as bill payment and brokerage services.
Chuck Hounsell, senior vice-president of e-Bank Canada for TD Canada Trust, says the system will initially be set up for person-to-person (P2P) transactions, but notes it could be used as a bill payment method in the future.
Barclays and Legal & General have formed a 'strategic alliance' whereby the bank will sell L&G financial products - including stakeholder pensions - and close Barclays Life and its e-bank b2 to new business.
It's up to 3,500 e-bank customers -- about 7 percent of its total checking base, said Patrick O'Brien, Internet banking manager.