Online Banking, is an unique facility in finance sector of our world. I wish to give a special thanks to this system. Not only mine, the whole people of the world can achieve a huge benefit throw online banking. The total system is so fast that never we've to wait for get result from it. We can transfer or money from here to there instantly. If we need money while we are traveling or marketing we can got it easily from it. In present day it is very wide spread and used by huge number of people of our world. It provides the freedom of access instantly which can not be provide by the physical bank and its own brunches. It is very difficult from a person to obtain the hole record of the account holders at a local brunch. A huge improvement of technology - like online security and easy to access the bank a/c from the internet provides, a extra facility to every individual. As this result online banking has become very popular player in financial team.


If we keep our two eyes on finance sector, we may see the parentage of its growth. Now this is booming like mushroom & banks are very happy by help of it. Banks are able to manage their customer very easily. Finally they kept some burden on the floor from their shoulder.

Now if we see its operating system we may note it that it has two category which are (A)Traditional Bank and the other is (B)Newer online only banks. Traditional banks are operating the bricks and mortar branches and newer online only banks, exist only in internet (Online) and don't have any bricks and mortar branches. Traditional banks are representing them in online market as a natural extension of their existing business. For that they are moving slowly to take up the internet, but in recent years it has taken a significant role by which they've gained some extra benefit. It is true that you'll get a extra benefit to represent yourself if you've a well established, trusted company who has proven themselves over many years.


Now a days traditional banks are enlisting a lot of functionality and useful information into their websites which is the most cheaper way to do a business than their traditional bricks and mortar branches. But the newer online only banks are some different factor from traditional banks. In this cases it has been identified that the internet provided this low entry to market business opportunity. This banks don't have any history like traditional bank, but it is governed by the same rules and regulation which are preset in traditional bank's case. Newer online only banks have lower coast, having lower fees and offering higher interest than traditional banks. If you've any online bank a/c you can access it in simple way. This is more reliable and manageable from the people, that people can access it their own way. We can operate this system from every nook at the corner of the world & have sufficient capability to manage our banking payments and transfer. Online banking providing us the full audit trial and instant access to the updated information which is fully rectified by server and out of human error factor.


If any person doing a business by using some commercial software, some time it may be support by online banking which makes easier to undertake. Online banking provides a tremendous facility by which we can take the whole world only in a hand. The usefulness of internet banking technology is more reliable than bricks and mortar branches which provided by traditional bank.