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netbanking
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Internet Banking Internet banking is the new method of banking using the new technologies available in the world today. Instead of needing to travel into a local branch of your bank, the Internet allows you to do a wide variety of useful things with your accounts. It can be accessed from anywhere that there is a computer with the Internet, and of course unlike bank branches the net is open 24 hours a day 7 days a week. The services available online vary from bank to bank. Most of the general services are on all banking websites but the larger banks contain more control over your money. Here are some of the things that are possible – • View your account balances • Pay your bills (With the help of programs like ‘B-Pay’ • View records of transactions • Transfer money to linked accounts with the same bank • Transfer money to specially selected unlinked accounts • Order printed payment reviews • Pay for shares • Check interest in your accounts • Send money overseas • Change your details • Open new accounts • Receive advice on handling funds These are not all of the services available because each bank is different and in the competitive nature of banks they are always offering new features to attract investors. These features are open to both individuals and businesses (businesses have a few more options).
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