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Advantages/Disadvantages of eBanking

What are the advantages/disadvantages of ebanking?


There are many advantages including e-statements, the ability to check your balance as frequently as you want, which can help manage your money, avoid fees and provide early waring if there is any fraud or unauthorized debits to your account. Many banks send email and text messages that notify you of low balances, large transfers, etc., and there are online bill payments which can be timely and less expensive than mailing out checks. Ask your bank about their product and attributes.

Published on BankingQuestions.com 11/18/10