Basic Banking

Online Banking

Can I open an online checking account?

Yes. Online banks offer checking accounts, which are truly paperless. Your statements are all available online, and your check register is entirely online. You can set up each of the companies that you normally pay paper checks each month, and can easily transfer money to them in the form of an electronic check. You can even write checks for people locally in the same way. The money is either automatically transferred into their accounts or a paper check is printed and sent, whatever you choose to do. Since so much of what we do today is centered around the Internet, it is a natural decision to begin using online banking.



Close

This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App