Internet banking allows customers to access bank accounts and conduct transactions remotely via the internet. It began in 1981 when four major New York City banks offered home banking via videotext. To use internet banking, customers register with their bank and are provided login credentials. They can then log into their bank's secure website to view accounts, transfer funds between accounts, and pay bills. Internet banking offers advantages like lower costs, faster transactions, and increased efficiency and accessibility compared to traditional branch banking. However, security risks must be addressed to protect customers from fraud and theft of personal information.

1. INTERNET BANKING
Made by : Shelke Prajakta

2. CONTENTS
 Banking
 Definition
 Types
 Structure of bank
 Services
 Working
 Advantages
 History
 Disadvantages
 Security
 Conclusion

3. HISTORY
 Online services started in New York in 1981 when
four of the city’s major banks :
 Citibank
 Chase Manhattan
 Chemical
 Manufacturers Hanover
 offered home banking services using the videotext
system

4. DEFINITION
 A system of banking in which customers can view their
account details, pay bills, and transfer money by means
of the internet.
 The remote delivery of new and traditional banking
products and services through electronic delivery
channels.

5. WHAT IS INTERNET BANKING
 Internet Banking allows you to conduct bank
transactions online, instead of finding a bank
and interacting with a teller.
 In a broad sense, it is the use of electronic
means to transfer funds directly from one
account to another, rather than by cheque or
cash.

6. HOW TO ACCESS
INTERNET BANKING?
 Before you can access your account online, you’ll need
to register with your bank for Internet banking.
 Your bank will give you a registration number or login
ID. You’ll also need a password (IPIN). Your Internet
password is different from the PIN you use with your
debit card.
 Once your bank has approved your registration, you’re
able to access your accounts online.

7.  STEP 1:
 Make sure your computer is connected to the Internet.

8.  STEP 2:
 Go to your bank’s website.
 For security reasons, don’t click on a link to your bank sent to you in an email –
emails with links to fake websites are a classic ploy of criminals trying to steal
your identity

9.  STEP 3:
 Once you’re on your bank’s website you’ll see a button or other icon
labelled ‘Log on to Internet banking’ or something similar (the
terminology varies from bank to bank)
Click on this icon It will take you to a login page

10.  STEP 4:
 Login to your Internet account
It generally requires you to enter your registration
number or login ID
You will also have to enter your
password – either by typing it in, or
by clicking on letters and numbers
onscreen

11.  STEP 5:
 Some banks have a two stage authentication process an additional security
measure to protect customers’ accounts and personal data.
 If a two-stage process, you’ll then have to enter another code.
 The code may be generated by a security token the bank gives you when you
register for Internet banking, or it could be contained in an SMS message the
bank sends to your mobile phone.

12.  If you’ve entered the correct information at all these stages, you’ll gain access to
your accounts and be able to begin your Internet banking.
STEP 6:

13.  STEP 7:
 Once you’ve got online access to your accounts you’ll see the different types of
transactions that you can perform. Usually on the left side of the screen there will
be a list of functions. Click on a function to open it.
 For example, if you want to transfer funds, click on the button or icon labelled
‘Transfers’ or something similar. You’ll need to complete the required data.
 Remember – make sure that you have the right BSB (Bank State Branch )
code and account number for the beneficiary of the transfer, as this is the
information that the bank will use to process the transfer.

14. STEP 8:
 Once you’ve finished your Internet banking, be sure to log out from your account.
 Most banks also have in place a ‘time-out’ feature, which means that if you’re
inactive for a certain period in your Internet banking session, you’ll automatically
be logged out.

15. TYPES
 PC Banking
 Digital TV Banking
 Text Phone Banking
 Internet Banking

16. BANKING SERVICES
 Banking covers many services, these basic services have always been recognized as the
hallmark of the genuine banker. These are…
 The receipt of the customer’s deposits
 The collection of cheques drawn on other banks
 The payment of the customer’s cheques drawn on himself
 There are other various types of banking services like : Banking Services
 Advances – Overdraft, Cash Credit, etc.
 Deposits – Saving Account, Current Account, etc.
 Financial Services – Bill discounting etc.
 Foreign Services – Providing foreign currency, travelers cheques, etc.
 Money Transmission – Funds transfer etc.
 Savings – Fixed deposits, etc.
 Services of place or time – ATM Services.
 Status – Debit Cards, Credit Cards, etc.

17. WORKING
Web server
Internet front office
system
Bank back office
system
Internet
Security
subsystem
Branch office
terminals
User
SSL connection

18. ADVANTAGES
 Cost less
 Transaction speed
 Efficiency
 Speed banking
 Vast coverage

19.  Security
 Learning difficulties
 Lack of skilled personnel
 Technical breakdowns
 Long start up time
 inexpensive
ISSUES IN INTERNET BANKING

20. SECURITY RISKS
 Increasing number of fraudulent websites
 Fake emails purporting to be sent from banks
 Use of trojan horse programs to capture user ids and password

21.  Ensuring security while banking online, is to keep your password and
pin number a secret.
 The security of your personal computer is very important for safe
internet banking. Therefore, always install antivirus software and
software to remove spyware.
 Checking your bank statements regularly will help you detect any
transaction that has taken place without your knowledge
SECURITY

22. BIBLIOGRAPHY
 www.en.wikipedia.org
 www.bing.com
 www.bankersonline.com
 www.ehow.com
 www.shareslide.net
 www.hdfcbank.com

23. CONCLUSION
 The strategy of bank is to provide value added services and products to the
consumer, utilizing the internet extensively.
 The main aim of E-banking is to making transactions through online poses
and make customer more beneficial