The traditional bank used to require you to visit the bank physically to do your transactions and account management.  With the advent of the internet however, the traditional bank is now being complemented by the banque sur internet or internet bank.  Take note of the term “complemented”, meaning the traditional banks will still exist because there is yet a need for them to be around.

With internet banking however, it is more convenient.  You don’t have to travel or be at the real bank to do your banking transactions.  You may manage your accounts from home, apply for a real estate loan (e.g. emprunt immobilier), apply for different types of insurances (e.g. mutuelle complementaire sante) and open an account too for beginners.  It is whole new world of banking experience that takes away the efforts and hassles of going to the real bank itself.  No need to be in long queues waiting for your turn to be served by a banking personnel or employee.

To aid you further with online banking, there are also sites online that specializes in comparing interest rates of various insurance and loan providers.  This way you’ll be able to make your choices of insurances and loans more confidently.