Online banking is the abbreviation of online banking, also known as online banking, online banking or electronic banking. It is a virtual counter set up by banks on the Internet. The bank uses network technology to provide customers with traditional services such as account opening, account cancellation, inquiry, reconciliation, intra-bank transfer, inter-bank transfer, credit, online securities, investment and financial management, etc. through the Internet. It enables customers to safely and conveniently manage current and time deposits, checks, credit cards and personal investments without leaving home. :

Advantages of online banking:

(1) Greatly reduce bank operating costs and effectively improve bank profitability. It reduces staff approval and improves the efficiency of the bank's backend system.

(2) There is no time and space limit, which is conducive to expanding the customer base. It is not only conducive to attracting and retaining high-quality customers, but also proactively expanding the customer base and opening up new sources of profit.

(3) Using the Internet and bank payment systems, it is easy to meet customers’ needs for consulting, purchasing and trading a variety of financial products. In addition to handling banking services, customers can also easily buy and sell stocks and bonds online. etc., online banking can provide customers with more appropriate personalized financial services.