Internet - Banking

On-line banking

Some Banks and Building Societies allow customers to do their bank transactions on-line. Including..

  • transfer of funds between accounts
  • payment of bills
  • viewing statements
  • setting up new accounts
  • standing orders and direct debits
  • buying and selling of stocks and shares

Obvious advantages of e-banking include...

  • can be done at any time
  • no need to go to the bank - ie no travelling
  • instant response - no waiting for transactions, balances, statements etc

 

Some customers are still concerned about security issues. There is a lot of fraud and other criminal activity going on that banks are unwilling to admit.