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A traditional, physical bank with online options is a type of online bank.

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ОТ
OF

User Rajesh Rs
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1 Answer

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Answer:

True

Step-by-step explanation:

Online banking is banking done via the internet. A customer does not need to be physically present at the bank's buildings. If their banks facilitate transactions through the internet, then it's an online bank.

Many traditional banks have incorporated online banking in their normal operations. However, online-only banks have emerged with no walk-in facilities as with traditional banks.

User Nivaldo
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