Understanding online banking services
By Bankrate.com
Most online banking sites offer these basic services:
- View account balances, including checking, savings,
IRAs and securities
- Access account history
- Transfer funds between accounts
- Schedule future transfers
- Pay bills electronically
- Schedule automatic recurring bill payment
Many online banking sites also offer these capabilities:
- Account aggregation: View balances and market values
of online accounts held at other institutions, including investments,
credit cards, rewards programs and IRAs
- Send payments to individuals via e-mail
- Trade stocks and mutual funds
- Track real-time stock quotes
- Receive trust and stock statements online
- View images of bill statements, checks and deposit
slips
- Download site information into money management
programs such as Quicken and Microsoft Money
- Receive Web alerts vie e-mail, wireless devices
and private banking site
- Live chat with customer support
|
