What is the difference between online banking and traditional banking

1, the mode of operation: the traditional bank is to take deposits + loans + intermediate business mode of operation. Online banking does not have a physical business location and does not require property security, but through Internet technology.

2, the transaction mode is different: the traditional bank is the use of bills and documents, but the Internet bank uses e-checks, e-drafts and e-receipts.

3, open accounts are different: traditional banks need customers to open accounts in the bank, you must sign the agreement through the counter in person, which not only can ensure the authenticity of customer information, but also more secure. Online banking due to the lack of policy support and no offline physical location, so can not remotely open the transaction settlement account required by the CBRC.

Expanded:

Internet Banking Notes:

1. Log in to the correct internet banking website. Enter the bank's website address directly into your browser to access the website page and add the URL to your favorites for next time.

2. Do not access the Internet Banking website through links to other websites. If you find an imitation of the Bank's website, please report it to the Bank immediately.

3. Check the security lock. When using personal online banking services, please pay attention to the small lock pattern displayed on the status bar in the lower right corner of your browser. This symbol indicates that transactions are protected by encryption measures.

4. Don't easily disclose account numbers and passwords. Do not disclose your account number or password information to anyone, and do not trust any requests for account numbers or passwords via email, text message, or phone call.

Baidu Encyclopedia - Internet Banking

Baidu Encyclopedia - Banks