Each of the following is the convenience of online banking EXCEPT…


Avoid the service charge associated with doing your banking in person at a bank branch


Monitor your account balances to try to avoid overspending or overdrawing


Set up automatic alerts for low balances, suspicious activity, etc


Transfer money between your checking and savings accounts

Respuesta :

Answer:

The incorrect statement is letter "C": Set up automatic alerts for low balances, suspicious activity, etc.

Explanation:

Online banking refers to all transactions bank customers can make on their own accessing their accounts through their bank's web page. Payments, transfer between accounts or to third parties, and review of general account information such as balances and recent transactions are typically available at no cost.  

However, consumers are responsible for managing their own money so banks do report them when their balances are low through online banking. In front of fraud, online banking is not helpful either. The banks themselves evaluate certain transactions based on the account holder's buying pattern and in some cases block their accounts but after that, the bank sends notification usually by phone or mail requesting immediate contact so the account holders can confirm if those transactions were made by them or not.