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 Glossary   >   I   >   "Internet banking" Definition   

        Internet banking

A facility provided by banks enabling customers to conduct banking transactions through their personal computer and telephone line link via a modem. This system allows instant access to bank balances and the provision for transferring funds.

Internet banking


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Internet banking - A facility provided by banks enabling customers to conduct banking transactions through their personal computer and telephone line link via a modem. This system allows instant access to bank balances and the provision for transferring funds.


Internet banking : a facility provided by banks enabling customers to conduct banking transactions through their personal computer and telephone line link via a modem. this system allows instant access to bank balances and the provision for transferring funds.