Which of the following is a drawback of doing business with an online bank

This question does not give choices to select the best answer. However, some drawbacks of online banks are explained below.

Explanation:

Online banks have several benefits unlike traditional brick and mortar banks. for example, investors get higher returns on their savings since. However, it is difficult to deposit money into online banks since they do not have physical ATMs. There is also limited access to in-person interaction unlike traditional banks which have tellers. Additionally, complex financial transactions may be difficult to conduct with online banks.