Your Offline Banker does not Want You to Know the Differences between Online and Offline Banking by:David Jones
There are many major differences between online banking and offline banking; if you
are presently undecided between your current, limited offline bank and opening a new online bank account, you should take some time to thoroughly evaluate your choices.What's so good about opening an online banking account?
An online banking account will make it easy to do all your transactions and bill- paying at home whenever you want; whereas someone who doesn't have an online banking account will have to make a trip to the local bank and sort everything out there.
When you have bills to pay it's easier to switch on the computer rather than running down to the bank. You also can't delay trips to the bank; when a bill has to be paid, it has to be done on time, unless you want to pay additional fees and risk losing a good relationship with your creditor.
However, there are some benefits to using an offline banking account over an online account. One benefit is going over to the bank and being able to talk to someone face to face if you have a problem with your account. You can speak with a bank employee who will help you through the problem and will assist you in any possible way; and can even inform you of what went wrong.
Do you live within walking distance of your bank? Then another advantage is the exercise that you will get from walking down to the bank.
Other advantages of online banking are being able to make transactions 24 hours a day, 365 days a year. If you give the order outside of regular banking hours, your order will be executed as soon as the bank opens. Do you want to check time deposit rates? No problem, just go online and you won't have to listen to some music while you are put on hold for twenty minutes, while the operator is trying to find the right person to connect you to.
If there is a problem with your online bank account you may send the bank an email. You can call the bank for urgent problems and since it is an online bank they have a lot less incoming calls than an offline bank. Meaning you will get an answer much faster.
These are just a few advantages and disadvantages you can factor in when you make the decision, but ultimately, the choice will be up to you.
About the author
David Jones is a freelance writer and world traveler who writes on the use of offhore companies, finance and other subjects in which he has a personal interest. Online Banking http://www.offshoreincorporation101.com. Real Estate Post Card Marketing; Million Dollar Mailings by:Lanard Perry Presentation Design - Why Is "Well Done" So Rare? by:J. Douglas Jefferys Secured Loans With Low Interest and Easy Repayment Are The Best Option For Borrowers by:Steve Clark Credit Repair Myths Exposed by:Jim Eastman Consolidate And Live Debt Free by:Christopher Luck First Impressions by:Robert Nixon The Project Management Mindset by:Ryan Leibowitz How To Make a Fortune in Investments? by:Lil Waldner How to use Mind Map Tool for making Great Presentations by:Dr V J Mariaraj Do You Have "Grass Hopper" Mind? Mind Mapping Helps You Capture Ideas As Fast As You Can Think by:Dr V J Mariaraj How Problem Solving is as Simple as Jigsaw Puzzle with Mind Mapping by:Dr V J Mariaraj Is Your Brain On Hot Air Working On Project Planning? Keep Cool With Mind Mapping by:Dr V J Mariaraj Do You Have The Leadership Trait In You To Pick The Right Player For The Right Job? Learn To Be an Ace with Mind Mapping by:Dr V J Mariaraj