Internet-only bank financial definition of Internet-only bank. Internet-only bank finance term by the Free Online Dictionary.

Virtual Bank

A bank that offers services predominately or exclusively over the Internet. A virtual bank offers normal banking services, including access to one's checking and savings accounts and personal and business loans. Even non-virtual banks almost always offer virtual banking services.

Virtual bank. A virtual bank offers of some or all the same types of accounts and services that traditional bricks-and-mortar banks do, but virtual banks exist only online. They typically charge lower fees and pay higher interest because of low overhead.

Virtual bank transactions can be checked in real time, as they happen, rather than at the end of the banking day or the end of the month -- though those services may also be available through the online branches of traditional banks.

Virtual banks don't have branches or own ATM machines, so you make deposits electronically or by mail. Your virtual bank may reimburse your ATM fees for using other banks' machines. However, there may be a limit to the number of transactions a virtual bank will cover each month.

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No references found	ALTHOUGH most banks offer internet access, if you are planning to organise your all finances online you may find that internet-only banks are more efficient. LINE UP VIRTUAL VIRTUES by The Mirror (London, England) Japan Net Bank, set up in October 2000 as Japan's first Internet-only bank, had the largest number of accounts, at about 400,000, among the four banks as of the end of September this year. 4 Japanese branch-free banks post net loss for fiscal 1st half by Japan Weekly Monitor Upon gaining the formal license, the new Internet-only bank is expected to open for business in July, bank officials said. eBank gets preliminary banking license by Japan Weekly Monitor	International Labor Organization International Labour Organization International market International Market Index International Monetary Fund International Monetary Market International Monetary System International Mutual Fund International Organization for Standardization International Organization of Securities Commissions International Petroleum Exchange International Pow Wow International Securities Exchange International Securities Identification Number International Security Market Association International Stock Exchange of the U.K. and the Republic of Ireland International Swap Dealers Association International Swaps and Derivatives Association International Trade Administration Internationalization Index Internet Banking Internet Mortgages Internet Service Provider Internet stock Internet Tax Freedom Act Internet-only bank interpleader Interpolation Interposicion Interpositioning interrogatories Interruzione del lavoro Interruzione di attivita interstate Interstate Commerce Commission Interstate Land Sales Full Disclosure Act Interval Fund interval ownership Intervallo contrattazione Intervallo di confidenza Intervista d'uscita Intestaat Intestacy intestate intestate succession Intestato Intifaq Intrabudgetary transactions Intracommodity Spread Intracompany Trade Intraday	Internet-Based Computer-Aided Design Internet-Based Courseware Internet-Based Distributed Navigation Internet-Based Glucose Monitoring System Internet-Based Information Systems Internet-Based Medical Archive System Internet-Based Neighbourhood Information Systems Internet-based payment service Internet-based Prior Learning Assessment and Recognition Internet-Based Services Policy Internet-based technology Internet-based telephony Internet-based telephony Internet-based telephony Internet-Based Test Internet-Based Training Internet-Draft Internet-Draft Internet-Facing Deployment Internet-Guided Offline Recreation Internet-High Speed Packet Access Internet-Hosted Octet Stream Service Internet-Intranet Input Method Protocol Internet-Intranet Transport Service Internet-journalism Internet-journalism Internet-Käyttäjät Ikuisesti Internet-Mediated Communities of Practice Internet-only bank Internet-Only Manual Internet-Ready Computer System Internet-related prefixes Internet-related prefixes Internet-Scale Event and Attack Generation Environment Internet-Scale Event Notification Service Internet-Site for European Strong-Motion Data Internet/Intranet Input Method Internet/Intranet Strategic Team Internet/Network Deamon Internet2 Internet2 Distributed Storage Infrastructure Internet2 Middleware Initiative Internet2 Technology Evaluation Center InternetCash Internetese Internetexplorer Internetexplorer Internetowa Baza Infrastruktury Kolejowej Internetowa Liturgia Godzin Internetowa Partia Ludzi Normalnych Internetowe Centra Informacji Multimedialnej Internetowe Forum Policyjne Internetowy Dom Maklerski S.A. Internetowy Klub Alfa Romeo Internetowy Klub Nauczycielek Przedszkola

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References in periodicals archive

Financial browser

Full browser

No references found

ALTHOUGH most banks offer internet access, if you are planning to organise your all finances online you may find that internet-only banks are more efficient.

LINE UP VIRTUAL VIRTUES by The Mirror (London, England)

Japan Net Bank, set up in October 2000 as Japan's first Internet-only bank, had the largest number of accounts, at about 400,000, among the four banks as of the end of September this year.

4 Japanese branch-free banks post net loss for fiscal 1st half by Japan Weekly Monitor

Upon gaining the formal license, the new Internet-only bank is expected to open for business in July, bank officials said.

eBank gets preliminary banking license by Japan Weekly Monitor

International Labor Organization

International Labour Organization

International market

International Market Index

International Monetary Fund

International Monetary Market

International Monetary System

International Mutual Fund

International Organization for Standardization