What is banking? This is an exclusive form of business or activity that is associated with a bank which is a financial institution. What is the primary activity of a bank therefore? It acts as the payment agent for the clientele and deals with the concept of borrowing and lending money. It must be remembered that from the erstwhile ages banks are acting as payment agents by means of conducting checking or existing accounts for customers, paying cheques drawn by customers on the bank, and collecting cheques deposited to customers\' current accounts. Well, with the passing of ages and the introduction of modern technologies the process of banking is getting smarter and more professional. Nowadays the sophisticated process like ATM has made banking much easier than ever before.  

We must not forget the concept of online banking at the same time. It is attracting more and more customers these days. What’s more with the expansion of broadband connections in the third world countries like India online banking is appearing as the best option of people now. If you are scpetical still, make a research of your own. You will find that lots (almost all) of banks are busy in offering some forms of online banking activities. The most important and well-known of them are checking bank balance, paying bills online or even simple cash transfer transactions.

But it will certainy be a great blunder if you depend upon this new technology completely. There are also chances that you may become vulnerable to the nefarious designs of cyber crooks. There are examples to prove how clients are deceived for depending upon these processes wholeheartedly. Never forget that financial deceptions are very common these days and this is present in both online and offline ways. You must have the apposite precautionary measures from the very commencement therefore.

Try to have a detailed dicussion with any professional before you embark. If you are vigilant and steadfast, it is the most simple and best process for you.