Maybank online banking system Essay

Maybank is a trade name for Malayan Banking Berhad and is the largest bank and financial group in Malaysia with significant banking operations in Singapore, Indonesia and the Philippines. Maybank was founded by Malaysian business tycoon Khoo Teck Puat, who died in 2004. The bank also has large interests in Islamic banking through Maybank Islamic Berhad and insurance via its Etiqa subsidiary. Maybank is the largest bank in Malaysia with 401 domestic branches. Maybank operates consumer banking, business and corporate banking as well as private banking services, through a network of 401 branch offices and more than 2,900 automated teller machines in Malaysia Beside its commercial banking network, Maybank operates a number of specialized subsidiaries in the insurance, investment banking and assets management, and finance sectors. Online banking is becoming more and more popular because the advantages of online banking for the majority of banking users. You can apply most of it without leaving your home, if you wish. Internet banking is a great secure and convenient way to handle your cash flow.By using the internet banking, you can make most of different transactions. It is possible to pay bills directly from the checking account online. This saves you the cost of a stamp and saves your times. It also provides you more leeway in how quickly you need to pay your monthly bill. In case you need to mail it, you can send it out long ahead of the due date.Consumers will become more comfortable with doing the majority of their shopping online. Maybank online banking system has provided its full day access to bank accounts and advanced services. Currently, users can now check their finances status with a click of button. They can also view their bank statements, check the balances or manage some transaction by using the online banking system. Recently Maybank had taken a huge step by announcing its internet banking services for the customers. This is due to achieve the same standard as other conventional banking facilities that are in Malaysia. In this era of technology, people tend to seek for things or option that could benefit them in many ways.