Online Banking Benefits

The benefits of online banking are many. Below you will find the benefits of most banks who offer pc online banking. Each bank is different and offers services in different ways. However, the benefits listed are the most common in the U.S., Australia, New Zealand and Great Britain. Because banks are international you will also find most of these benefits anywhere in the world.

Balances

  • See up to the second balances – keeping you on top of your finances. If you transfer money from account to account you see a new balance instantly in both accounts.

Statements and transactions

  • View and search your transactions and statements going back up to seven years. (most banks keep records for 5 to seven years)
  • Search through your recent statements by transaction type, date, description or amount
  • View and search by a fixed period ( last month) or, by a date range you pick.
  • View 4 or more months of credit card statements
  • See all your accounts by shifting back and forth.
  • Download your statements and transactions for use in software such as Quicken and Microsoft Money or a spreadsheet like Excel.
  • Stop receiving your bank statements on paper or, if you’re already paperless, arrange to have them sent again

Transfer money and pay bills

  • Transfer right now or on a date in the future
  • View, change or cancel a scheduled transfer
  • View a list of recent transfers
  • Make a payment whenever you choose
  • View, change, delete or add a payee
  • View a list of recent payments
  • Pay your bank credit cards
  • With online bill pay your payment arrives almost instantly.
  • Create  new standing paymentorders
  • View, changeor cancel an existing payment order.
  • Arrange to make a series of payments at regular intervals from your bank account.

Direct Cards

Make regular payments from your bank account.  Give a business or other organization permission to take money from your bank account at agreed intervals You can pay insurance phone bills, utilities, car payments and more.

Account Administration

  • Order checks and check covers and credit card-readers and other business supplies.
  • Activate a new charge and debit cards so you can begin using them immediately
  • Change email address
  • Change home and mobile phone numbers
  • Change login, passwords, usernames and other personal information.
  • Set up email alerts when statements are online or bills are due.
  • Register for our mobile phone banking service – you can receive text alerts about your account and manage your money from your mobile or other electronic device

Related posts:

  1. Online Banking Advantages

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