Internet banks

Internet banks: pluses and minuses

In the beginning of 21 centuries in the Worldnet there were new financial institutions of virtual type – Internet banks. People who use virtual means so, and services of these banks, becomes more and more, however Internet banks are while the phenomenon not too extended in the countries of the former USSR.

The concept Internet bank is frequent identify about the Internet-bankingom or representations in the Network of usual banking establishments. However between them there is a basic difference. The Internet-banking is a system which helps to operate bank accounts, to perform various bank operations and transactions in the Network. And the Internet bank gives the chance to open the electronic account where it is possible to translate in a consequence non-cash means from any virtual payment systems and oflajnovyh banking establishments.

As legal object virtual banks, as a matter of fact, are not banks. They are called as components of corporation of financial services or the intermediaries having the same partners in many countries of the world more likely. Thanks to such branched out structure consisting of thousand of banks-partners, the system is very convenient for users. They are expedient for using, for example, in such situation when the one who something is sold also by the one who buys, live in the different countries. In that case the buyer can transfer money for the purchase to the account of the seller through the bank-partner located in its native land.

The account of virtual bank can work with any currency. Therefore means, without discounting, it is possible to translate freely from currency of one country in currency another. Such banks render services in transfer of means from the account through system Western Union or by means of a credit card, to remittance under the clearing settlement in other bank (as virtual, and oflajnovyj). As well as it is necessary, for all these manipulations the system takes commission fee. An exception is remittance to other user of the same bank. For it the system of payment does not take.

While translating means to clients of virtual bank, the system uses one bank account. To transfer money to the concrete user, requisites of this user to which transfer intends are entered into an additional field.

For some users WebMoney Transfer such banks can be the most favourable way of manipulation with means. To enter money, it is necessary to fill up at first the multiple currency account, and then these means to translate in WebMoney corresponding type. That them to deduce, it is necessary to move the virtual sum into the account in Internet bank and after that to remove it either by means of a bank remittance, or through Western Union or other system. Spending these manipulations, it is necessary for the user for each of them to pay 1-1,5 % from the sum on account of commission fee. But other ways of input and output of means manage where more expensively. There is only one nuance: the minimum size commission – 20 dollars. Therefore to use Internet banks favourably when the large sums are entered and deduced.

Feature of work of Internet banks is that they cannot guarantee safety of operations of input-output as do not conclude contracts on their carrying out. It it is necessary to keep anonymity of users. To be registered in Internet bank, the documents identifying the person are not necessary. That is, own the account in it you can absolutely anonymously.

The system of Internet banks constantly works being protected from swindle. One of such ways is existence of several kinds of accounts. One of them are intended for new clients about whom the bank knows nothing, others – for those who, according to bank, cannot be the swindler, and the third – for the checked up and well familiar clients. Than above the bank trust level, especially high is a threshold for the sum of input of means. The system gives to well proved clients various bonuses on service. And though at present there were no the loud scandals connected with swindle in this system, banks are not tired to assure us that doubtful projects as the reputation and trust of clients is more expensive to them, than risky profits do not finance. Despite all these assurances, excesses of Internet bank system nevertheless exist. For example, one of known virtual banks long time held accounts in the frozen kind as has been involved in judicial red tape. It is possible to present only as clients of bank who appreciated in him, first of all, availability and efficiency of operations felt. Therefore, proceeding from the given example, it is possible to tell that all financial systems have the lacks, including Internet banks. It is possible to name One more lack of such banks periodic interruption of work because of technical malfunctions in system or hacker attacks.

Despite all problems, Internet banks have very wide prospects. Their pluses is efficiency of work, absence of the bureaucratic delays inherent in usual banks, constant perfection and expansion of possibilities of system. Thanks to it the army of the clients trusting to such way of manipulation by means, constantly grows. And the most part of users are clients of system WebMoney Transfer.