Banking online allows you to make instant payments of your electricity, telephone, gas and other bills. You can also give standing instructions to the bank to pay your recurring bills automatically. It's a free service. You can also check your transactions at any time of the day and as many times as you want.  

What's nice about online banking you can locate your statement immediately online. Online banking allows you to transfer money to your own accounts or third-party accounts, check your account status online, stop payments, apply for debit card and other features specified by the bank. Credit card users can pay their credit card bills online,

What’s hold most people back for holding an online account? Foremost on the mind of any account holder is security. Second, many users prefer face-to-face banking. Others don’t know how to transfer money online.

To recap:

• Check your transactions at any time of the day and as many times as you want.
• Free online fund transfer to your own accounts or third-party accounts.
• Apply for an additional card, request a credit line increase.
• Report lost cards online, pay credit bills online.
• Request for stop payments.
• Top your pre-paid mobile cards by logging on.