What is the explanation of banking without wall how can you bank without wall what are the advantages and disadvantages of banking without walls?

What is the explanation of banking without wall how can you bank without wall what are the advantages and disadvantages of banking without walls?
The term 'Banking without walls,' refers to online personal orbusiness banking. Customers of banks are able to take care ofbanking activities such as checking balances, contacting customerservice, ordering checks and taking part in many other services.The advantage of online banking is the convenience. Thedisadvantage is that online transactions always contain an elementof risk, and taking care of sensitive financial information couldresult in unauthorized persons gaining assess to a bank customer'sconfidential information.