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Describe a benefit of online banking. (Site 1)



Answer :

Final answer:

Online banking offers convenience, enhanced security, and additional benefits to customers.


Explanation:

One benefit of online banking is the convenience it offers to customers. They can easily manage their accounts, transfer funds, pay bills, and access financial information from anywhere with internet access, saving time and effort.

Online banking also provides enhanced security features such as encryption, secure login credentials, and notification alerts for suspicious activities, ensuring a safe banking experience.

Moreover, online banking often comes with additional benefits like 24/7 access to account information, electronic statements, and the ability to set up automatic payments and transfers.


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