Online Banking
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- Videojug
- 1:37
- Yes
- 360p
- 640x360
- Flash
- h.264
- 900kbps
Online Banking
Sascha Hutchinson (Banking Expert) gives expert video advice on: What are the advantages of online banking? and more...
Is anyone eligible for online banking?
Anyone with an account at a particular bank should be eligible for their online banking. There's a few small building societies that are not set up for internet banking, but as long as you have an account with one of the banks that does offer online banking, you should be able to access it.
Are there any fees for online banking?
There are no fees for online banking and it should be completely free for you to set up and use.
What are the advantages of online banking?
An advantage of online banking is that you can access your bank account from any computer in the world. You can go online, you can check your statements, you can check your balance, you can transfer money and you can pay bills. Online banking is very simple and easy to use.
What are the risks of online banking?
The risks of online banking are very few. The only real risk is the risk of fraudsters hacking into your bank account online, but the banks have a lot of anti-fraud measures in place, and they will reimburse you if you do lose money in this way.
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