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Introduction to Banking

How To Start Online Banking

Satish has learned quite a lot about Online banking. He is now ready to get one for him. 

 

Steps to start online banking:

Step 1: Customer visits a bank branch signs up for Online Banking
Step 2: Bank sends the Online Banking ID and password to the client using two different couriers
Step 3: Customer has to log in using the above ID and passwords
Step 4: Customer is required to change the password upon logging in for the first time
Step 5: Customer can now use online banking

 

Pros and Cons of Using Online Banking:

 

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