Is online banking safe???

India
May 31, 2007 10:41am CST
well for a quite time along I have been reading articles on security issues on online banking .... and was doubting whether it is safe to do online banking .... I am new to banking ... I appritiate any kind of help for anyone..
2 people like this
3 responses
• Canada
31 May 07
If you would like to do this and have any concerns you should talk to your bank and they will explain everything to you . I was a little leary when I first signed up but after talking to the bank , I felt much more comfortable about it and they will answer any of your concerns . My bank has guarnateed me that they have never once had a problem and if you are ever in fear that someone has your password it is easy to change . It is so much more convienient and easy to use when you want to pay bills or even just to see how much money you have left , to make sure a check was cashed or to even transfer money to a friends account if you wanted . I am glad that we switched to online banking and have been doing it for years now and have never once had a problem and even got one of my daughters set up to do this as well and she loves it .
1 person likes this
• India
31 May 07
hey thanks for the suggestion I will sure talk to the bank officials ...
• India
31 May 07
i do not know to which country do you belong so i cannot tell you about your country but i belong to india and online banking in my country is absolutely safe,now people are developing such technologies so as to make every transaction online and so banking is also help ,nowadays even we do online share trading also ,internet has made these tasks easy to accomplish.and i think it would be safe in your country to bank online too.
• India
31 May 07
I have been reading from quite a long time about the online bank thefts and most of them are from Asian countries and I don't think India has a good security in online banking and moreover India don't even have Cyber crime. Am i right .?
• India
31 May 07
i would just like to add that as far as the matter of online security is concerned ,it can't be ensured/assured in any of the countries and can't be generalized at a country level but if we see the rate of insecurity/cyber crimes???? asian countries lag behind.
• India
2 Jun 07
ya its safe