For a more convenient way to manage your money, many Australians choose to use online banking for their debit or savings accounts. Most financial institutions have the option for online banking and provide a safe and secure platform to allow access to your money from anywhere in the world at the touch of a button. There are many functions of online banking including:
- Paying bills with Bpay
- Transferring money to different accounts including credit cards and savings accounts
- Checking your balance and statements
- Changing personal details including your address
The idea behind online banking is the convenience of managing your funds from the comfort of your own home with your computer and eliminates the need to visit a branch.