ABSTRACT
Electronic banking is simply operating the banking system through the internet and it signifies both global public network and a family of technologies. In Nigeria, the banking industries are basically on-line at real time with web site which is restricted only to information and also it restricts most of their dealings to E-banking via the internet and not internet banking proper, effective cash management via E-banking on the other involves managing the motives of a firm in order to maximize cash availability and internet income in any idle fund via E-banking for efficiency and effective purposes, E-banking helps quicken the technology in recent globalization, but not withstanding, there are still risk involve in E-banking but such is properly under control which was why the banks restricted E-banking transaction within themselves with proper protocols to check, with this in place customers are highly satisfied and the banking sectors well fitted.
