Barbara Shaw: Hi! I am Barbara with Wells Fargo and Company. Today, we are discussing how online banking can help you take charge of your personal finances. Online banking uses the latest technology to help you manage your finances more quickly and efficiently. Some banks offer online financial management tools to help you stay ahead of your spending, track your savings and even set up budgets.
Some banks offer the ability to integrate your popular financial software programs. An example of this would be allowing you to download directly from your bank's website into Quicken or QuickBooks. Most online banking services can export transaction lists in an industry-standard format making account maintenance seamless. With online banking you can also view account activity as transactions post and get your bank statements online, days ahead of mailed paper statements. Some banks store up to seven years of statements online which is ideal for your personal financial management as well as tax preparation and record-keeping.
When it's tax season, you can reduce clutter by printing only the statements that you need. In addition to easily monitoring and organizing your account information, online banking allows you to quickly transfer money between accounts including checking, savings and even money market accounts within the same bank. And you can set these transfers up either as one time or recurring transfers.
Other advantages of online banking can include the ability to view and print check images and deposit detail. View and redeem reward points and services of all your accounts online. You can also order checks, change your address and update statement delivery preferences. It's a seamless way to manage your finances in one place and watch your bottom line online.
Videos in this Series
How To Take Charge Of Your Financial Management
