Editor’s note: This is a transcript of the audio file.

Keeping track of your money on the go is getting easier as banks push their mobile banking features for smartphones. I’m Clark Palmer with your Bankrate.com Personal Finance.

Chase is the top performing firm…with Bank of America and wells fargo closing out the top three banks receiving high marks for their mobile banking features and options.

the ranking comes from Corporate insight, an industry research FIRM THAT surveyed 16 large banks for various smart phone capabilities.

Standard mobile banking features currently include the ability to check account balances, view recent transactions and conduct in-house fund transfers, though several firms include the ability to execute external transfers as well.

All but one of the firms monitored by Corporate Insight enable clients to locate nearby ATMs or branches while on the go.

83 percent of firms that offer banking through mobile applications also offer Bill Pay functionality via these apps.

Overall, the adoption of mobile banking is a great thing for customers. Having the ability to perform pretty much every important account maintenance function sitting in your pocket or purse is incredibly useful, especially in terms of avoiding overdrafts and other unpleasant outcomes.

For more banking news, visit bankrate.com. i’m Clark Palmer.