Online Banking
It’s probably safe to say that you do almost everything online. You keep in touch with your friends and family through email and IM. You buy everything from clothes to music to pizza. You do research for school assignments, and might even take online classes. And if you don’t already, you’ll probably choose to do your banking online.
Online banking lets you do pretty much everything you can do with regular banking…it’s just a little more convenient and paper-free. With online banking, you can access your statements, cancelled checks and transaction records 24-7-365 from your computer. Having the ability to check your account when you want, as often as you want, allows you to more easily identify errors and possible unauthorized use of your account.
Many banks offer some really useful tools through their online banking sites, such as online account transfers, the ability to view copies of cancelled checks and financial planning tutorials. If you have a credit card with that bank, you can also view your credit card statement and pay your monthly bill online.
One perk online banking offers that many people take advantage of is online bill pay. With this feature, you can schedule payments to pay certain bills automatically. Many times, if the company receiving your bill isn’t set up to take online payments, your bank will send them a check on your behalf.
Here’s an example of what an online banking page might look like:
Click on the image to view full-size.
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