Banking online is easy, but remember to stay safe!

Protect yourself from Internet fraudsters

Internet or online banking, as it is sometimes called, allows you to manage your day-to-day finances from the comfort of your armchair. You can save the time spent queuing at branches, and do all of your banking online.

Transfer money between accounts, pay bills, view statements and update your personal details when you choose, rather than being dependent upon the opening hours of branches. As well as giving flexibility, online banking can also save money. For banks which are entirely web-based, there are often lower fees for using their services.
 
Some of the services that are available from internet banks are:

• Viewing bank statements online
  
• Managing standing orders and direct ebits
  
• Paying bills, such as credit cards or utility bills, and making payments to family and friends
  
• Transferring money between accounts
  
• Using the sweep service to increase interest rates.
• Viewing more than one set of account details on the same screen with account aggregator services.