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Cyprus Web Designs - Website Design, Domain Names, Hosting and Maintenance
Why Use internet banking?

Internet Banking
If you have you never considered banking online or have you been put off by stories of identity theft and online fraud then this short article is for you.

Many people prefer to handle financial matters face to face with a member of their local bank's staff and this is perfectly understandable, however it can also be embarrassing if your account isn't looking its best.

There are times when the hassle of travelling to your bank, finding a parking space and then standing in a queue can be frustrating, particularly when you get to the front and find you haven't brought the right paperwork.

Online banking can make many of these trips unnecessary.

Banking online is a convenient way to:

•  Check your balances and transactions
•  Search your statements by date, amount, and payment
•  Cut down on paperwork by stopping your postal statements
•  Pay bills like credit cards and utility bills
•  Transfer money between your accounts
•  Make payments to other people's accounts
•  Set up, change or cancel standing orders
•  View or cancel Direct Debits

Online Security
Many people are concerned that they could become victims of fraud, but a few simple steps can make your online banking experience safer.

Check that a web site is secure
You should only ever carry out banking and other confidential transactions over secure internet connections.

Once a secure connection has been established:

•  The first few characters of the web address in your address bar will
   change from the usual http to https - the 's' stands for secure.
•  You'll see a little padlock icon in the locked position, appear in
    the bottom right-hand corner of your screen.

Check for a secure connection every time you log on to Internet banking.

Lloyds TSB at http://www.lloydstsb.com/ provide an excellent demonstration of their online banking system and also provide more in-depth information on all aspects of Internet Banking and online security.

View the demo at http://www.lloydstsb.com/ib_demo/launch.html

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