Why You Need Online Banking

Online Banking

With more and more clients using online accounting software today, we realise numerous clients still don’t have online banking. This is something everybody is going to need before Making Tax Digital comes in to play for the majority of business in 2022/3. So why not get ahead of the game and get this in place today?

What is online banking?

Online banking is a feature that comes with your bank account and can be accessed from your computer, phone or tablet. Your bank will not charge you any extra to set up.

How to set up?

You will need to contact your bank and get them to send you the details you need to set it up. Some banks will require you to call into your nearest branch, others will need you to complete the necessary forms and some can be done online. When you set up online banking your bank will send you log in details, this is done securely by them sending you either a letter or a email. You will be given the opportunity to create your own password and memorable word.

Here are just a few reasons why you should set up online banking:
  1. The convenience
  2. Pay bills and set up direct debits
  3. Money transfers
  4. Track you balances on a daily basis
  5. Keep track of spending
  6. Check over transactions and get statements
  7. No longer need to wait for a monthly bank statement in order to see your current balance

We have team members who would be more than willing to assist in the set up of your online banking. Don’t leave this any longer, get in touch and make the appointment today.

Samantha Hart – Senior Accountant

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