Thursday, May 10, 2007

ANALYSIS BY ONLINE-TRANSACTION-TIPS.BLOGSPOT.COM FOR USING ONLINE BANKING

  1. Always type the address of the website in the address bar of your browser or access it from your stored list of favourites.
  2. Do not share your Passwords with anyone .
  3. Bank officials will never ask you for your Internet Banking Passwords.
  4. Change your Passwords frequently.
  5. Check for your Last Login Time.
  6. Limit the use of physical statements - Email statements easier to manage than paper statements and instantly retrievable. The fewer personal documents sent through the post, the less chance there is for possible fraud.
  7. Review your account statements carefully - Make a habit of reviewing your account statements regulaly.
  8. The Mini Statement and Detailed Statement options available help you to review your bank account statements thoroughly.
  9. View and verify your credit card statements instantly instead of waiting for your statements to come to you every month.
  10. Sign Up for SMS Alerts - Register for Mobile Banking and receive alerts upon all significant transactions in your account.
  11. Learn more about Mobile Banking.
  12. Be Vigilant - Never fill in any form that you have accessed via a link with sensitive data such as User ID, Password, PINs, and other account related information.
  13. Login Frequently - Logging not only helps you keep track of your accounts online but also enables you to notice and stop any fraudulent activity quickly.
  14. Link your Accounts - If you have more than one relationship with a Bank, link all your accounts to a single user id. This will make it much easier for you to manage your multiple accounts online.
  15. Secure Communication - When corresponding with the bank, try to use your secure mailbox as much as possible.
  16. Be Cautious - Do not leave your internet banking session unattended. Always sign off from your online banking session.

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