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Conduct banking operations in electronic form, which is the most important online forms, and thereby create a virtual banks have online auction sites to provide the same services from the bank site out and pay and transfer services without the client to move. The emergence of electronic banking back to the early eighties to coincide with the advent of e-cash, but use cards with the beginning of the last century in France in the form of cardboard cards used in public phone, cards metal used on the mail level in the United States of America.
Agree with Mr Malik Khalid Mahmood
It is a form of online banking.
Agreed with the answer VENKITARAMAN
Internet banking is sometimes known as virtual banking. It is called so because it has no bricks and boundaries. It is controlled by the world wide web.
Internet banking provides facilities by performing the transactions online by transferring the money from one account to others, getting statements, ordering cheque books etc.
Virtual banking provides the facilities by Automated teller machines, withdrawals and deposits, other transactions via devices without physical visits to banks and their branches.
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