stungundotcom asked:

There are security flaws with many online banking websites. Learn what holes there may be in your banks security plan.

Kieran L asked:


hello i want to do a direct deposit into someones account but i can not be bothered walking up to the bank to do it so how do i do it online i have the persons details and im with ANZ can someone walk me through step by step cheers

kh asked:


What are world s top banks offering offshore online banking with maximam facilities without use less inquires and condition opening with 0 deposits and activating with funding (deposit from any where for transaction with out the copulsory condition of activating first with some deposit) automatically

With the internet in our midst, people are given the convenience of doing a variety of financial transactions online whether at home, in the office or even while on the go. This advanced and phenomenal technological innovation has indeed made life easier for many people including professionals, businessmen, housewives and students. However, this does not necessarily lead to the end of the existence of the brick-and-mortar banks. The standard banks will always be there as there are still consumers who opt to transact in a real bank where they feel most secure and comfortable.



The traditional banks and banks that have gone online have their respective advantages and disadvantages. It’s really up to the consumer to choose which type of banking service to use. What matters is you know your financial needs, you keep an open mind on the latest trends in the banking industry and learn about them if possible. You may be loyal to your standard bank but who knows, you may also need to use the online banking service one day for an urgent transaction when you’re pressed for time or unable to go out for health reasons.



Standard banking

Conventional banks are those that still use the paper and pen in dealing with different financial transactions. The reality today, though, is that many have gone online as well introducing internet-only products to compete with the purely online banks. While these traditional banks cater mostly to the old customers, experts say they should also keep up with the trend and cater to the younger, internet-savvy customers if they wish to attract more clients.

Security and personal touch are major considerations for people opting to use the traditional banks. Most of them would say having human contact makes them feel comfortable when banking. Some feel secure when they deposit cash via a real teller.

Online banking

Banking on the internet is very much the same as when you do transactions in a real bank. The only difference is that you’re using a computer instead of a paper or phone in accessing your account and information, making payments and reconciling statements. There’s no need to go to a local branch office as you can accomplish various financial tasks in the convenience of your home or office in a few clicks.

One major advantage of internet banking is its being cost effective. Some banks charge lesser fees if you use their online banking services. Also, since you don’t need to commute or drive to a local branch, you save on money and gas. Additionally, banks are able to offer more products and services as they don’t have the overhead expenses such as the need to pay tellers.

For busy people such as frequent travelers, professionals and businessmen, the online banking option is very ideal. As these people need to keep track of their finances and other urgent matters even while in other places or abroad, they can still gain access to their accounts via the internet.

Online banking is projected to expand by 55 percent to 72 million households by 2011, according to a report by Forrester Research. The target users are the so-called Generation Y or those born in the late 1970s.

And so, with these two options available to consumers today, it’s easy to make a choice where banking is concerned and perhaps even better if you use both.



By: Gloria Smith

About the Author:

Ace asked:


Im trying to save this year.

busdriver2001pls asked:


Not able to download online banking.When I give all the imformation and try to download,there is a massage saying that there is something blocking it from downloading

The process of Internet banking is much similar to conventional banking. The major difference is that online bank is more convenient and processes take place by means of your computer and an Internet connection. Account and details is accessed, payments are made, and statements are reconciled online. Internet banks have been competent in giving consumers more agreeable interest rates on savings accounts and credit cards, too

Internet Banking versus Conventional Banking

The many days of waiting in line at banks to settle bills and transfer money are now a faint memory to billions of people all over the world. Internet banking or e-banking became a phenomenal hit from the time when it materialized in the later years of 1990s. Since then, its reputation and draw did not dwindle a bit. In fact, millions of consumers are making the switch to online banking annually.

The process of Internet banking is much similar to conventional banking. The major difference is that online bank processes take place by means of your computer and an Internet connection. Account and details is accessed, payments are made, and statements are reconciled online. This is more convenience than using the phone or paper to accomplish business transactions. Banking through the Internet can have you carry out multiple tasks and business deals with just a few clicks. For corporate operations, there are more than a few services and products from international banks that can assist in making progress of the market rivalry. These depend on the type of business the company operates.

Advantages of Internet Banking

Internet banking is hastily becoming more widely held as clients are aware of the benefits and assistance it has to deliver. For example, the majority of banks demand smaller number of transaction fees if you avail of their banking services using the Net. When you benefit from the Internet banking, you can discontinue receiving statements that are paper-based. Some Advantages of Internet Banking also include:

?Virtual access of your account 24/7.

?Transactions are secured with the utilization of sophisticated encryption systems supported with a password and client’s number

?Capacity to transfer money to anywhere in the world

Functions of Internet Banking

Ease and practicality are not the only lure of online banks. They have been very competent in providing consumers more agreeable interest rates on savings accounts and credit cards, too. Internet banks pulled of and led the rivalry in the banking world by setting off the zero percent interest on credit cards as well as better rates on current accounts interest. These decent offerings are possible because Internet banking require lesser expenditures and thus have been capable of dispatching the savings to its clients.

Internet banks also manage clients’ money and loan it to others. These banks handle loans well and help clients monitor their own investments. There’s a great possibility that the conventional bank where you have an account also extends some sort of online banking systems. You can inquire from them regarding their online services offered. Once begin to do banking on the Internet, you may no longer want to return to conventional banking.

If you are one of those who are having difficulties with recording paper statements, online banking can immensely assist you. This system is profitable for people who travels a lot and ought to check on their finances from overseas.

Internet Banking Glitches

While it’s true that Internet banking gives countless rewards compared to the conventional banking, it is not free from blunders. Apparently, there have been a number of instances when technical malfunctions caused computer systems to shut off. That is why Internet banking functions at its best in combination with other media like the telephone and software.

In the dawn period, there were stories that Internet banking wasn’t secure. However nowadays we barely hear as regards to security risks. In truth, online banking is most likely safer than conventional system because it’s practical and effective. Bank transactions that are based on paper can get caught or folks can overhear you.



By: David H. Urmann

About the Author:

New studies are proving that banking online has become increasingly popular across all demographics.

A recent study found that the use of online banking has increased significantly over the past seven years. While there were only 3.5m users in 2000, now there are close to 21 million online bankers.

Experts believe the increase in online banking has stemmed from the fact that those services are becoming easier and more secure. In 2007, fraud figures from online banking dropped 33 per cent from the year before.

In addition, many banks are working to dole out security advice and promote safe practices to those users who are already banking online.

Online banking is often considered the easiest option when it comes to quick, daily services. Users can skip the lines at the bank branch and will find it easy to make transfers and bill payments online. For many simple tasks, online banking is often the quickest way to perform daily errands, as well as once-in-awhile tasks like international transfers.

Many banks now even let you start longer, more complicated processes online. If you’re hoping to apply for a loan or new account, often this can be done online. You can also choose to forego your printed statements each month if you’re viewing them online – this saves time, and the environment.

Though online banking is increasing in popularity, there are still plenty of face-to-face bank tellers available to answer any questions you might not be able to have answered online.

Before deciding to start online banking, be sure you understand everything your bank offers online. Offers differ from branch to branch, with some choosing to charge fees and others only allowing certain transactions online. Most banks will be more than happy to sit down for a meeting with you to make sure you understand what online banking means.

Experts also warn that online banking should be taken seriously. Though security has improved when it comes to keeping bank information safe, it’s still important to use common sense and caution when dealing with money online. Therefore, choose a hard-to-guess password and be sure to change it every few months. In addition, keep an eye on your statements to make sure you catch any suspicious activity.

It’s easier than ever for consumers to access their bank account online. Most banks in the UK offer convenient services that will allow you to do any of your banking errands quickly and easily.



By: Adam Singleton

About the Author:

pefilm asked:

Source: video.hitb.org The general public sentiment is that the banks, having always been the guardians of our money, are expert at safeguarding it. Unfortunately, internet corporate banking and personal banking applications are usually ridden with bugs. Internet Banking Applications development is nowadays out-sourced to third party software vendors that have poor understanding of security, and incomplete quality management processes. Most of the time the applications are extremely insecure …

kael_lluch asked:


i’d like to login on internet banking online at equitablepcib.com my cucrrent atm accounts are enrolled…was told login session expired