Online Banking


Online Banking

The performance of banking activities via the Internet. Online banking is also known as "Internet banking" or "Web banking." A good online bank will offer customers just about every service traditionally available through a local branch, including accepting deposits (which is done online or through the mail), paying interest on savings and providing an online bill payment system.

Online banks cannot provide direct ATM access, but they make provisions for consumers to use ATMs at other banks and retail stores, and they may reimburse consumers for any associated fees. Because of the reduced overhead costs associated with not having physical branches, online banks tend to offer consumers significant savings and pay higher interest rates. Online banks handle customer service tasks by phone, email or online chat.


Investment dictionary. . 2012.

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  • online banking — ➔ banking * * * online banking UK US noun [U] BANKING, INTERNET ► E BANKING(Cf. ↑e banking): »Several of the major banks now offer free online banking for small businesses …   Financial and business terms

  • Online-Banking — Online Banking,   Electronic Banking …   Universal-Lexikon

  • online banking — also Internet banking n [U] a service provided by banks so that people can find out information about their bank account, pay bills etc using the Internet …   Dictionary of contemporary English

  • online banking — noun uncount a system that allows you to communicate with your bank on the Internet …   Usage of the words and phrases in modern English

  • online banking — UK US noun [uncountable] a system that allows you to communicate with your bank on the Internet Thesaurus: internethyponym general words relating to bankinghyponym …   Useful english dictionary

  • Online banking — Part of a series on Electronic commerce Online goods and services Streaming media Electronic books Softwar …   Wikipedia

  • Online-Banking — Der Begriff Electronic Banking bezeichnet beleglos und in elektronischer Form abgewickelte Bankgeschäfte. Synonyme für den Begriff sind E Banking, Onlinebanking, Telebanking und seltener auch Elektronisches Bankgeschäft (E Bank).… …   Deutsch Wikipedia

  • Online Banking — Der Begriff Electronic Banking bezeichnet beleglos und in elektronischer Form abgewickelte Bankgeschäfte. Synonyme für den Begriff sind E Banking, Onlinebanking, Telebanking und seltener auch Elektronisches Bankgeschäft (E Bank).… …   Deutsch Wikipedia

  • Online-Banking — Bezeichnung für Bankgeschäfte, die mit dem PC von zuhause oder von einem Unternehmen erledigt werden können. Beim Online Banking verbindet sich der Kunde mittels Mobiltelefon, Modem oder Netzwerk mit dem Rechner seiner Bank. Der Kunde kann seine… …   Online-Wörterbuch Deutsch-Lexikon

  • Online banking — n. Internet banking, banking available through the Internet …   English contemporary dictionary