Online Banking Features
Online banking facilities typically have many features and capabilities in common, but also have some that are application specific. The common features fall broadly into several categories:
A bank customer can perform non-transactional tasks through online banking, including –
Viewing account balances
Viewing recent transactions
Downloading bank statements, for example in PDF format
Viewing images of paid cheques
Ordering cheque books
Download periodic account statements
Downloading applications for M-banking, E-banking etc.
Bank customers can transact banking tasks through online banking, including –
Funds transfers between the customer's linked accounts
Paying third parties, including bill payments (see, e.g., BPAY) and third party fund transfers (see, e.g., FAST)
Investment purchase or sale
Loan applications and transactions, such as repayments of enrollments
Credit card applications
Register utility billers and make bill payments
Financial institution administration
Management of multiple users having varying levels of authority
Transaction approval process
Some financial institutions offer special internet banking services, for example:
Personal financial management support, such as importing data into personal accounting software. Some online banking platforms support account aggregation to allow the customers to monitor all of their accounts in one place whether they are with their main bank or with other institutions.
https://en.wikipedia.org/wiki/Online_banking