All the major banks offer online banking. Online banking is a more efficient way of managing your bank accounts. You can:
check your balances and view statements online
move money between accounts
make payments to suppliers
set up regular payments such as salaries
order chequebooks and statements
download account information to analyse on your computer
Online banking can be very cost-effective. Charges are often lower than for ordinary accounts and accounts may offer higher interest rates. Banks usually offer online banking services at no extra cost.
Larger businesses may also be offered "PC banking". This requires the installation of special banking software on the computer you use to manage your account. It can offer a more effective solution if you have a large volume of banking transactions and directly link your accounting systems to your bank.
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