One greatest advantage of internet banking is that the services are available 24 hours a day. You need not go to the bank’s branch to get your transaction statement as you can download it from your online bank account. Another advantage of internet banking is that it is very cost-effective. Many customers can be dealt with at once. The administrative work gets reduced drastically beside reduced expenditure on various forms and bank stationery. All these helps raise the profit margin of the bank. Internet banking is helpful for customers as their account information is available 24 hours a day. They can operate the accounts by sitting in the comfort of their homes. The only thing required is a computer with an internet connection. They can even electronically transfer money from their accounts or receive money in their accounts. You can buy or sell stocks and other securities by using internet banking. Internet banking has made our life much easier, faster and more comfortable