Internet banking or E-Banking means any user with a personal computer and a browser can get connected to his banks website to perform any of the virtual banking functions. In internet banking system the bank has a centralized database that is web enabled. All the services that the bank has permitted on the internet are displayed in menu. Any service can be selected and further interaction is dictated by the nature of service. The traditional branch model of bank is now giving place to an alternative delivery channels with ATM network. Once the branch offices of bank are interconnected through terrestrial or satellite links there would be no physical identity for any branch. It would be a borderless entity permitting anytime anywhere and anyhow banking. This book provides deep insight to various dimensions of issues relating tot he subject.