On The Legal Issues Of Online Bank

As the development of global economy and finance, traditional mode of bank services is insufficient to meet the requirements of modern people. A faster, more convenient and cheaper mode of service is badly in need to fit the increasingly accelerated economy. Along with the appearance of internet and the fast development of modern communication technology, online bank came into existence. Being efficient, safe and real-time, online bank provides efficient financial services to the mass, which greatly promotes the development of world economy and commerce. Based on traditional bank, the bank industry in China makes great efforts to be integrated into the world economy, and successively launch online bank services. The rising-up and development of online bank greatly contribute to the development of the economy and international trade of China. However, it should be realized that all kinds of legal issues have become more and more evident as the appearance and fast development of online bank in China. The laws and regulations in China comparatively lag behind the development of online bank and those laws and regulations concerning online bank are still vacant, which leads to great legal risks during the business operation of online bank and limit the future development of online bank.This article explores the legal issues appearing during the establishment and operation of online bank, including:Introduction.By the definition, characteristics and the current international of online bank,in order to make about online bank and put forward the current four legal issues about online bank.The jurisdiction conflict and law application in the cross-border online bank business.As the network is global, open, virtual and other characteristics, makes the traditional private international law, the jurisdiction of the factors that determine a link appear in the online bank business is not important, triggering the jurisdiction of online banking transaction dispute conflict.This part of the jurisdiction of the Internet.Jurisdiction over the proposed line has not yet reached the relevant international agreements before, learn the practice of the United States, the premise of respecting the parties choice, through the introduction of "minimum contacts" principle and the "Inconvenience" principle to solve the current problems.Legal issues of loss-sharing in electronic payment by online bank.As one of the most important parts of current online bank's service.Electronic payment process using a variety of reasons, may result in loss of funds.This part of the electronic payment fraud losses and sharing of electronic payment instructions to analyze the error of the loss-sharing is proposed by improving and the establishment of relevant legal system and strengthening the bank itself and combining the way to solve the problem.The protection of customers'interests. To each other as online banking, Internet banking customers as compared with the bank, often in a weak, their legal rights are often violated.This part of the online banking customers from the legal protection of privacy and data, online banking customers the option to know and the protection and online banking form contract in the interests of customers on three aspects of the protection system of paper, put forward to protect the interests of current online banking customersmethods and ideas.Online bank's supervision issues. Banking supervision has been valued by various countries, on-line bank's supervision is particularly important.This part of the online bank's supervision in China's legal system to analyze problems, propose to build and improve our online banking supervisory regime.In order to improve our current regulatory system for online bank.Based on the analysis of the legal issues involved in online bank services, the author puts forward some advices and suggestions, which may promote the healthy and safe development of online bank.