What is Online Banking?
Online banking is the practice of making bank transactions or paying bills via the Internet. Thanks to technology, and the Internet in particular, we no longer have to leave the house. We can shop online, communicate online, and now, we can even do our banking online. Online banking allows us to make deposits, withdrawals and pay bills all with the click of a mouse. It doesn’t get much more convenient than that. The benefits are many. For the online banking customer, the convenience factor rates high. No longer does a person have to wait for the bank statement to arrive in the mail to check account balances. One can check the balance every day just by logging onto one’s account. In addition to checking balances and transactions, one can catch discrepancies in the account right away and deal with them swiftly. The best part is that this can be done anywhere! As long as one has Internet access, one can practice online banking. Since bills are paid online, the necessity of writing checks,
With online banking from Nationwide Bank, you can conduct all your usual banking transactions via the Internet, including: • Checking current balances and account activity on all your Nationwide Bank accounts • Transferring funds between your Nationwide Bank accounts as well as other banks • Scheduling and paying bills through online bill payment • Accessing up to 18 months of online account statements (e-statements) • Viewing, printing and saving images of cleared checks • Sefnding and receiving secure messages online through the Message Center
Online Banking provides convenient access to account information and account transactions using the Internet. BECU members around the globe can conduct their BECU account transactions 24-hours a day, 7 days a week. Here’s a highlight of some of the things you can do in Online Banking: Accounts • Review account balances and history • Open checking, savings, and Money Market Accounts • Purchase and manage Certificates of Deposit (CDs) • View electronic account statements (eStatements) • Conduct transaction searches • Retrieve and download account history • Obtain interest/dividend tax information • Check your IRA and CD accounts • View loan account information Transfers • Transfer funds between accounts • Advance funds from your Line of Credit • Transfer funds between your BECU accounts and accounts at other financial institutions* Loans • Apply for loans* • Obtain loan status* • View Loan accounts, history and payments Payments • Pay your bills online with free Bill Payment * • Make BEC
Online Banking is a free service designed to help you easily manage your accounts. It uses the technology of the Internet and allows you to view your account information, transfer money between your accounts, pay your credit accounts, and perform other self-service tasks. Combined with the optional Bill Payment service, Online Banking makes it easy to manage all aspects of your financial well being. Click here to learn more about Bill Pay. [Back to Top] How easy is it to use? You do not have to know a lot about computers to be able to use Online Banking, nor do you have to be at home to take care of your banking needs. For basic banking services, it is as easy as a click of your mouse. Using the Bill Pay service makes paying bills as simple as setting a date and an amount. [Back to Top] What do I need to use it? All you need to use Online Banking is a Southern Bank ATM card or Visa® Check Card, an Internet connection, and a current version of a web browser. We recommend you use at leas