Finance Banking

Online Banking Of Barclays Bank

Published at 07/18/2011 15:12:17

Are you considering using the online services provided by Barclays bank, but you still are hesitant about signing up? In the course in the course of this article, we shall endeavor to find out the merits, and security measures taken by Barclays bank to provide online services, for its account holders.

Barclays bank is one the leading banks globally. It operates in over 50 countries and has a huge staff globally, with 147,500 employees. Barclays bank has also made it possible for account holders, to able to process their banking transactions online, at the ease of a computer terminal. Here are some of the key benefits enjoyed by Barclays online account users:

· Accessibility: With an online account, you won’t have to make any unnecessary trips to your bank, to process certain transactions. With an online account, users can be able to check balances, print statements, pay utility bills, process transfers, etc.

· Speed of transactions: With online accounts, online payments can be processed quickly (within as little as two hours). But, this option applies only to participating financial institutions.

· Round the clock services: Online accounts are active on a 24 hour basis, 7 days a week. Therefore, you will not feel limited in regards to what time you can process your banking transactions.

So what are the risks involved, while banking online? The security of online accounts is a top priority for Barclays bank. To this end, they have made a 100% guarantee to reimburse account holders, in the event of any fraudulent activities that may occur in an account. Barclays bank also provides online account holders with Kaspersky mobile security suite for free, to boost the security of their computers.

Tips and comments:

Even though Barclays bank has committed itself to reimburse customers, in the event of fraud, account holder still have a role to play, in the safeguarding of their online accounts. Always ensure to keep your log-in details private, and change your password, as often as possible. You should also make sure to log out of your account, and close the browser, once your done banking.