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28 December, 09:14

Online financial services associated with a bank, credit union, or thrift may include which of the following services?

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  1. 28 December, 12:29
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    Fund Transfers, online bill payments, customer service, financial advisory

    Explanation:

    1. Funds Transfer: The fund transfer activity is by far the most celebrated internet banking activity. People can send money to friends and family by accessing their accounts on the internet. The major advantage of this method is that it can be done even after banking hours.

    2. Online Bill Payments: People no longer need to drive long distances and stand on intimidating queues to pay bills and renew licenses, such activities can be carried out online.

    3. Customer Services: A large number of customer complaints and queries are now been resolved online without having to physically enter the banks.

    4. Financial Advisory: Issues about investments types and duration are being discussed and in some cases finalized online.
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