What are the advantages and disadvantages of online banking compared with traditional banks?

Online banking is also called online banking or online banking, and English is Internet bank or Network bank. It refers to a new banking institution and service form that relies on information technology and internet technology to provide users with various financial services such as account opening, account closing, inquiry, reconciliation, intra-bank transfer, inter-bank transfer, credit, online securities, investment and wealth management, and fully realize paperless transactions. Most bills and documents used before have been replaced by electronic checks, electronic bills of exchange and electronic receipts. The original paper money was replaced by electronic money, that is, electronic cash, electronic wallet and electronic credit card; The original paper document is sent by mail through the data communication network. Compared with traditional banks, the service is more convenient, fast and efficient.

Reply time: 2022-0 1- 17. Please refer to the latest business changes announced by Ping An Bank in official website.