Quick Tips on Online Banking
Today the internet is a big thing- everything is revolving around the internet in social and economic aspect, and this has prompted financial institutions to offer online banking services. Such online solutions have brought a lot of conveniences and benefits to both the clients and the banking institutions. Through online banking, banking activities by people require less time compared to traditional banking methods. With the long queues and the factors of distance when using conventional banking means, a lot of time certainly will be needed. However, not everything will go right when using online banking solutions, there are some things you need to look at whether you are using an online based financial institution or a physical banking institution.
Your online banking information security should be a priority and this will need you to evaluate whether the online portal provided is protected. To enhance safety, the website of the financial institution needs to be secured as well. The address bar on the browser is very important, a secured site will always have one starting with “https.” Getting an address starting with “HTTP” where there is no “s”, that is a sign that the site is vulnerable and you should avoid such doing transaction on it. Another way to check whether you are using a secured site is looking at the bottom of the site browser for a padlock icon. The icon should be a closed padlock; it shows that your online banking information is secured.
Don’t seek for any online banking services from an online based financial institution without confirming the legitimacy of the institution. You can look at the institution’s records, verifications and other requirements with the FDIC. In addition to that, an entity can only be considered to be a bank if is listed with the Federal Deposit Insurance Corporation.
Whichever financial bank you are using may from time to time inform you on your online banking information through emails. However, avoid clicking on email links assumed to be from your bank requesting you to confirm your banking information. Criminals often use such emails disguising as your bank to get your log-in information and steal your funds. If you get such emails it is important that you contact your bank to verify this.
As a precaution, avoid accessing your online bank account unsecured computers like one in a library or in a cyber cafe. You may think that you are secure when you clear all the browser cache on the device but you are still at risk of your log-in info getting into the hands of criminals using your browser history. When logging in to your bank account, make sure the device is secure and always log off and clean out the cookies.