Consumer | VL #9 ARTICLE Internet Banking

What is one advantage of personal internet banking?

• Limited access to accounts

• Easier bill payments

• Longer bank queues

• Higher transaction fees

What can you do with mobile banking?

• Deposit checks using your smartphone camera

• Only view account balances

• Write checks

• Visit the bank branch

How can you access your bank records?

• Call customer service

• Visit the bank only

• Download statements online

• Wait for monthly mail

What technology is used to secure online banking?

• Public access

• No security

• Sophisticated encryption

• Simple passwords

The article lists 7 major advantages of online banking. 

Which 2 would make banking easier or more convenient for you? Why?