Most institutions offer the same online banking services, including the ability to:
- Check account balances
- View and print transaction records
- Pay bills
- Transfer funds between accounts
- Update contact information
- Apply for a loan
Bill payment is a common draw. To pay bills online, you create a list of companies much like you'd set up an address book in your e-mail program. When it's time to pay a bill, you simply enter the amount and select a recipient from your list. You can even schedule bills to be paid at a later date or set up monthly payments.
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