Question

Some online banks offer “online bill pay.” What does this mean? a. There is a fee associated with online banking, but the bank will waive that fee as an incentive. b. You can visit your bank account online and electronically transfer funds to pay your bills. c. The bank will automatically pay your internet bill as a reward for banking with them. d. You can use that bank account, and only that bank account, to pay for purchases you make online.

Answer 1

b. You can visit your bank account online and electronically transfer funds to pay your bills.

Answer 2

Option B is the correct answer.

Step-by-step explanation:

This means that one can pay his bill online by transferring money from his personal account to the account in which the bill has to be paid. This is done by logging in to the online bank account and choosing the option of bill payment. Then you can enter your personal details along with the amount to be paid and then pay the bill electronically.

So, the correct answer is - You can visit your bank account online and electronically transfer funds to pay your bills.