Online Banking
Also known as e-banking, online banking or Internet banking. Major high street banks and previously unknown operators have moved in, in the last year or so, to establish fully fledged Internet banking operations.
Early systems relied on dedicated networks which meant you had to log off the Internet and then dial a separate phone number to connect to our bank. Those days are now in the past - internet banking is growing.
Web-based banking should mean lower charges, more control over our finances and less need to use bank branches or telephone banking services. It hasn't quite worked out like that yet but it just might!