Local banks indicated that online banking services provide many advantages, most notably that it saves the customer's time and effort in completing his transactions, with the possibility of settling transactions and completing them electronically and transferring or receiving amounts or paying bills, as well as managing accounts via the Internet, and the possibility of linking them to the credit card account , Transferring funds electronically via phones and computers without visiting the bank, with the ability to update personal data (including addresses), requesting a new check book, and other requests.
She added that electronic banking services provide a fast and convenient way for customers to manage their money, including investment, in addition to being available around the clock and from anywhere in the world, as these services enable customers to view the details of their accounts and credit cards and also enable them to know the balance and history of transactions . In addition to transferring funds between accounts and downloading account statements, Internet banking services can be used to apply for a loan, or view the latest currency rates.