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19.10.10

Internet Banking In Nigeria

Internet banking termed as E-banking refers to the effective deployment of IT by banks. E-banking is about using the infrastructure of the digital age to create opportunities -both local and global. E-banking enables the dramatic lowering of transaction costs, and the creation of new types of banking opportunities that address the barriers of time and distance. Banking opportunities are local, global and immediate in E-banking. 

The benefit of Electronic banking compasses a broad range of functions and include:
Electronic mail (email) improves communication between individuals and the bank, within the bank, with the bank and external parties and between banks.
The availability of online information provides bankers and customers with a powerful vehicle for research.

 Banks can provide information and services online, which customers can pay for, and receive.
Banking In Nigeria has come of Age, with establishment of the Apex bank which was founded and commenced operation on
July 1, 1959. Prior this has being other banks like First bank of Nigeria.

Benefits of Internet Banking
With Internet Banking, you can, enjoy the convenience of managing your finances quickly and easily at a time that suits you. You can bank safely and securely – at work, home or abroad.
  • Access to account from anywhere in the world.
  • Online real-time account monitoring facility.
  • Convenience of conducting banking transactions from comfort of home/office.
  • Easy Access to bank information and products.
  • Effective, cheaper and easier way for our customers to communicate with banks.
  • Cheaper and easier way of reaching our customers.
  • Allows 24/7 access to account.
  • Check your balance, monitor transactions and print your account statement.
  • Pay utility bills, transfer funds between your accounts and to other beneficiaries.
  • Request, confirm and stop cheques.
  • Change password and update your personal details
  Banks offering Internet Banking in Nigeria include