All categories

3 years ago

What is one downside of banking at a traditional branch versus on-line-only banking

Business

1 answer:

tresset_1 [31]3 years ago

6 0

<u>Answer:</u>

Some online banks have unwieldy procedures to store money. Alternatives can incorporate a deposit-accepting ATM or placing money into a current financial balance and moving that cash to your online record. You could likewise change over the money into a cash request, which you might store electronically utilizing your online bank's portable application.

Security dangers stay a risk and burden of traditional bank areas. Cybercrimes are, obviously, a problematic issue that can influence web-based banking. That being stated, the broad security conventions presently ensuring internet banking frameworks have drastically decreased this risk.

You might be interested in

What percentage profit is made on a sale if the selling price is $225,000 and the purchase price is $190,000?

IgorLugansk [536]

The percentage profit = 18%

A profit is made on sale with selling price more than the purchasing price. The purchasing price is also known as the cost price.

Given the selling price = $225000

and the purchasing price = $190000

Since the selling price is more than the purchasing price, there is obviously a profit gained.

Now profit amount = Selling price - Purchasing price

= 225000-190000 = $35000

Profit percentage = (Profit / Purchasing price) x 100%

= (35000 / 190000) x 100%

= 18.42%

Learn more about profit at brainly.com/question/19104371

#SPJ4

5 0

2 years ago

In ethics, our conscience is what tells us whether something is ______.

mrs_skeptik [129]

Conscience is the inner feeling which tell us what is right or wrong. It controls our actions, thoughts and behavior. So the answer is: In ethics, our conscience is what tells us whether something is <span>a. Wrong or right</span>.

8 0

3 years ago

Read 2 more answers

Owen decides to sell his ranch, Pine Ridge, in a live auction. When the auctioneer puts the property up for bids, it will be a.

lianna [129]

Answer:

a. an invitation to submit offers, not an offer itself.

Explanation:

When a property is to be sold at an auction it involves an invitation for interested buyers to submit offers to the seller. The seller will now consider the offers and see the best one for him.

There is usually no price stated for the auction and seller goes for the highest bid.

If however if the seller says that there is no reserve price or that the reserve price was met, it can now be considered an offer in itself.

In this case Owen is offering the property at a live auction and does not state requirements for a reserve price

6 0

3 years ago

The following bond investment transactions were completed during a recent year by Starks Company: Year 1 Jan. 31 Purchased 75, $

Nadusha1986 [10]

Answer and Explanation:

The Journal entries is shown below:-

Jan 31

Investment in Govt Bonds Dr, $75,000

Interest Receivable Dr, $375

To Cash 75,375

(Being cash is recorded)

July 31

Cash Dr $2,250

To Interest Receivable $375

To Interest Income 1,875

($75000 × 6% × 5 ÷ 12)

(Being interest on bond is recorded)

Aug 30

Cash Dr, $34,650

Loss on Sale of Bonds Dr, $700

($35,000 - 980 × $35)

To Investment in Govt Bonds $35,000

To Interest Income $350

(Being loss on sale is recorded)

Dec 31

Interest Receivable Dr, $1,200

To Interest Income $1,200

(40 × $1,000 × 6% × 6 ÷ 12)

(Being interest on bonds is recorded)

3 0

3 years ago

Loni delivers her Mazda to be repaired at Nile’s Body Shop. Loni agrees to pay cash. Nile performs, but Loni does not pay. Nile

xxMikexx [17]

Answer: Option C

Explanation: Artisan's lien is a kind of lien that enables a craftsman to keep a piece of work unless it is compensated for. Lien applies to an individual's moral right to property of someone else if responsibility is not dismissed. The Lien of Artisan is also known as the mortgage loan of Materials.

In other words, It refers to form of lien which offers staff a private estate protection benefit before they are compensated on that estate for their work. In the given case, Loni did not pay for the services that were provided by Nile.

Thus, we can conclude that the given case depicts an artisans lien.

8 0

3 years ago

What is one downside of banking at a traditional branch versus on-line-only banking​

What is one downside of banking at a traditional branch versus on-line-only banking