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Author Topic: Internet Banking- Top 5 Online Banks In Nigeria  (Read 2780 times)

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Offline OomaJ19

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Internet Banking- Top 5 Online Banks In Nigeria
« on: March 12, 2020, 05:13:04 pm »
This article will talk more on the list of online banks in Nigeria as of the year 2020. However, you wonít be seeing the regular list you used to know but a more credible and different list. This particular list is what will take over banking activities in the long run. I hope you are ready to bookmark those available as of when writing this article.

Some of them come in the form of an app. That is, there is no building to carry out transactions as everything will be done on the internet. Besides, it can be done by just a mobile phone.

In recent times, most Nigerians are beginning to lose interest in commercial banks in Nigeria due to their outrageous charges and unethical activities. Here comes the commercial Bank alternative tagged Top 5 Internet Banks in Nigeria as the year 2020.

There are lots of posts on social media condemning the activities of the usual commercial banks. No thanks to the digital age for giving us alternatives to the usual commercial bank. This sets of internet banking are what I have been using for a long time now and none of these have given headache like the commercial bank have been doing.

What Are the 9 Major Types of Financial Institution?

9 major types of Financial Institution provide a variety of services. As financialization continues to permeate our lives, it is increasingly likely that you will have an account or product offered by several of these types.

1. Central Banks
2. Retail and Commercial Banks
3. Internet Banks
4. Credit Unions
5. Savings and Loan Associations
6. Investment Banks and Companies
7. Brokerage Firms
8. Insurance Companies
9. Mortgage Companies

What is Internet Banking?

Online banking, also known as internet banking or web banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institutionís website. The online banking system will typically connect to or be part of the core banking system operated by a bank and is in contrast to commercial banking which was the traditional way customers accessed banking services.

Internet banking software provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts and making payments.

1. Kuda Bank

da BankWith no particular reason, this is the first online bank I will be talking about on the post on Top 5 Online Banks in Nigeria as of the year 2020. Kudabank is the bank of the free. I mean you need to join Kuda bank to set yourself free. Kuda Bank is designed for smartphones, free of ridiculous charges and great at helping you budget, spend smartly and save more. In kuda, you can save your money, spend it, send it. Itís all up to you to decide what you do with your money.

What makes Kuda Bank different?

 :o Kudaís bank-level security protects your sensitive personal information and prevents unauthorized use.
 :o Lost Card. Sometimes debit cards go missing. If that ever happens you can freeze your missing card on the app, and even unfreeze it if you find it later.
 :o It is completely paperless as everything is done on the phone.
 :o No minimum balance as you can withdraw all the money you have in there.
 :o Responsive customer support.
 :o Simple tools for managing your money in the best way.
 :o The fees are transparent as you will get what you see and no extra unknown charges. And lots more...

To join Kuda Bank, please click the following link. url]https://kudabank.com/referrals?invitedby=0TKAAPQR[/url]

Also, you can read the full article from the sources @ https://oomaj.com/internet-banking-top-5-online-banks-in-nigeria-as-of-the-year-2020/
OomaJ

 

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