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Chapter 4 Everyday Life

                   Unit 2: Internet Banking in Your Country




          More Koreans use Internet banking nowadays. Try to discuss about some of the
          benefits and advantages of using this banking service.





              Answer A:
               Online banking allows customers to make banking transactions and payments on the Internet.
               The main benefit of online banking is its convenience. We can pay our bills, transfer funds and
               monitor our balances with just the click of the mouse. We no longer need to wait in line just to
               withdraw cash. In addition, online banking sites never close so we can access our accounts
               anytime and anywhere. Another advantage of online banking is that it is cost-effective. Online
               banking  reduces  the  cost  of  operations  for  banks  like  office  supplies  and  salaries,  so  fees
               charged to customers are also decreased.






              Points to emphasize in answering:

                   Give an idea on the nature of online banking.
                           [example: Online banking allows customers to make banking transactions and
                           payments on the Internet.]

                   Cite the benefits of online banking.
                           [example: The main benefit of online banking is its convenience.]


                   Provide detailed illustration of these benefits.
                           [example: We no longer need to wait in line just to withdraw cash.]








              Vocabulary

                transactions - to carry out business or a deal
                convenience - the quality of being suitable to one’s comfort
                monitor - to check and observe
                withdraw - to remove money from a bank account
                access - to obtain a right to enter









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