# Internet bank, pure (Internet-only bank; pure play Internet bank; Internet-primary bank)

- Canonical URL: https://www.gerhardmerk.de/internet-bank-pure-internet-only-bank-pure-play-internet-bank-internet-primary-bank
- Post ID: 587798
- Modified: 2023-07-25T21:00:32+00:00
- Language: en

## Definition

A bank that conducts its business exclusively via the Internet; in contrast to - a bank with a branch system, which has accessible business premises or car counters (brick and mortar locations) and - an Internet bank (click and mortar bank), which serves customers both via conventional counters and via the Internet. - The main problems of these types of banks are - supplying customers with cash and - collecting checks. - See ATM withdrawal fee, bank, mixed, direct bank, ATM lock, home banking, Internet bank, Internet counter, moonlight banking, online banking. - Cf. Deutsche Bundesbank's Monthly Report of September 2006, pp. 24 f. (Earnings situation of Internet banks since 2000) and, in update, the respective September report of the Deutsche Bundesbank. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0