Bank America Online

As one of the largest financial institutions in the country, Bank of America has built a reputation for offering its customers the most innovative and cutting-edge features available in the banking world. Bank of America was one of the first to offer online banking services, and today leads the industry in internet banking. Security features like SiteKey and SafePass ensure that sensitive financial information is protected against loss and theft, and Bank of America frequently adds new features intended to provide additional convenience to its customers. It is estimated that around 24 million customers access their financial information through Bank of America online services.

Bank of America online services allow customers to see the current available balances of checking, savings, investment, and loan accounts at a glance, and provide additional detailed information for each account held with Bank of America. Customers can elect to stop the delivery of cancelled checks and instead print them directly from the checking account menu. In most cases, the front and back of processed checks is available for viewing immediately after they have cleared. Bank of America customers also have the option of printing their monthly statements directly and can even choose paperless account management, eliminating the need for mailing of monthly statements altogether. For Bank of America online credit card customers, the service provides easy access to the most recent transactions and current credit limit and provides the most up-to-date information available. Account information can easily be downloaded into various home accounting packages to provide even better tracking of expenses and expenditures.

Transferring money between various accounts is easily accomplished online; Bank of America also allows transfers from one customer’s account to another provided that both accountholders agree to the arrangement. Bank of America online banking even allows for transfers to and from other financial institutions, providing maximum flexibility and convenience for its customers and allowing emergency after-hours transfers when funds are needed urgently. Customers can sign up for account alerts that send an email or text message when balances fall below a certain amount, money is deposited to an account, or when the balance on a credit card nears its limit. This adds an extra level of security for Bank of America customers even when they are on the go.

One of the most popular and useful features of Bank of America online banking is the ability to receive and pay bills online directly from your account. Customers can sign up to have their monthly bills sent directly to Bank of America to be paid on a case-by-case basis or through a recurring payment arrangement. Payments can be scheduled for up to one year in advance and existing payment arrangements can be altered at any time. Even companies who do not participate in Bank of America online e-billing can be paid through this service; Bank of America mails the payments directly to these companies, saving you postage and worry and guaranteeing your payment will arrive on time. Bank of America’s wide range of online financial services provides security and convenience for its customers and takes some of the work out of the banking experience.