Online banking

Why use internet banking? What can I do to keep safe How do I start? Why use internet banking? Internet banking is one of the success stories of online life. There are risks but as long as you are careful and aware of these, internet banking can make a difference to your life: -- No more going to the branch to manage your account. Think of all the time you save driving, travelling, queuing. -- Banking 24 hours a day. You can view your statement, transfer money between accounts, set up standing orders, pay your bills, apply for an overdraft or even mortgage all in a few minutes from your home. -- Most banks have an internet site. It will be hard to find a bank which doesn't allow you to manage your account on the internet. -- Some banks are internet only. Many are managed by traditional banking companies: -- Cahoot is owned by Abbey National plc. -- Egg is owned by Prudential. -- First Direct is owned by HSBC Bank plc. -- Intelligent Finance is owned by Halifax plc. -- Smile is owned by The Co-operative Bank.