Nowadays you have in your hands all the controls necessary to save more of your precious time. Get into online banking as much as your bank will allow you to do so. Most banks have designed and set-up many solutions to the problems of their customers in their online systems. You won’t have to show up in person in most transactions. Those minutes you spend going personally to the bank just to do your transactions all add up to valuable minutes that you can spend on other activities precious to your life.
Do save time by doing all these transactions online:
1) View balances and details of your deposit, cleared checks, loan or even credit card accounts.
After logging into the system with your log-in name and verified password, you usually come to a page on the screen with the amount of money that remains in your account. Banks have details on the loan/s you have with them, including the balances. You see them online, too. Even credit card balances, the payments received, and used up credit show up in all these details. All you need is a few clicks on your keyboard (or your monitor as some computers provide this), and you will come face to face with the details. In fact, banks with online banking set-ups, nowadays, email out “e-statements” to you, the details of which you can see as soon as you log-in with the correct name and password using the link found in the email.
2) Funds transfer
You only have certain buttons to hit up, and click on to complete the process. You can move funds from one of your accounts to another, or even to another person’s account, if your bank allows you to do. Or in another set-up, even have funds transferred from your PayPal account (if you have one) to your bank account.
3) Payments
You normally will be asked to register names and account numbers of your regular payees with whom you make regular transactions. They include almost all kinds of organizations, and even individuals. You can schedule payments to the accounts of these organizations and persons.
4) Add accounts
You can open another account, which can be on savings, time deposit, checking account, investing account plus other bank products, online, too. All you need to start-up with is to have your primary account linked online (which the bank may have already done for you) – and then you set-up funds from this account to your new accounts by clicking on the buttons online, and filling in the necessary information right before the computer.
5) Automatic deposit of your paycheck to your account
This is done mainly by employers, and enjoyed by those employed. Again, you just have to check details online.
Just a few years ago, banks have started to allow their customers to request for checkbooks online. Or even stop a payment on a check made. Now, they would encourage you to do your checking transactions online. Checks are now seamlessly exchanged and processed online, without you having to sign an actual check.
These days, banks continue to innovate on making the most secured use of online technology to make practically all transactions be available online. Get yourself linked to the internet; get your own email address. Then proceed to meet with an account officer of your main bank. [S]He will be most willing to discuss with you how to go about doing online banking with them. Some banks even provide one-on-one orientation or training on online banking, if you’re all new to this.