Is
online/internet banking safe?Yes, it is safe. but you should take
precautions. Protect your password and even user ID or username when
logging in and logging off. Also, check your account status and
transactions regularly for some irregularities and deficiencies.
1. Open 24/7, 7 days a week
Local
banks are not fastfood chains that offers 24 hours service so
transacting after your 8 hour day job work on banks is very unlikely. If
you have an account over the net, you can make transactions at your
convenience any time of the day. In online banking there literally no
rush.
2. One click away.
Everyone
hates long teller lines that never seem to move or waiting for hours
for just a single transaction. Online banking offers you the control of
your account from the moment you log on. Great thing about online
banking is that you can make may transactions as you want and it will
just take you a minute or two. It also provide an easier transaction
approval process than your local banks.
3. Best for emergencies
With
online banking, you can fund your checks and pay bills on time. There
is no problem when you're not in town or you just suddenly spent too
much out of your cash budget. Online banking enables you to transfer
your money around anytime.
4. At ease
You
can easily check your account status anytime, anywhere. Online banking
provides its customers prompt reports that can be printed so you're
always at ease.
5.
Easy loans applications and other services such as buying and selling
investments and ordering checkbooks. Some offers financial management
support.
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