Online NUTRACEUTICAL MERCHANT ACCOUNT banking – the do’s and don’ts

In recent times, the biggest development in the banking sector is the arrival of internet banking. Internet banking has given a whole you perspective to the way in which customers carry out their banking related transactions. Moreover, this facility has led to banks lowering their costs significantly. However, there are a few do’s and don’ts associated with internet banking that people need to know before acquiring an internet banking account.

Do’s – The first thing to be done is to check whether the bank you are doing business with has FDIC coverage. This is essential and if a bank is not FDIC insured then consider moving on to another bank. With FDIC insurance, all CD deposits, checking accounts, as well as saving accounts are covered.

The next thing to be done is to check whether the bank’s website is the real one. In many cases, online thieves and criminals come up with fake websites that have close resemblance to the real ones. By doing so, they cheat customers by obtaining their personal information.

Credit card statements, bank statements should be seen carefully in order to check if everything is alright. Is something looks suspicious, then immediately contact your bank.

Always ensure that your login information and password is in a secure and safe place. This information should never be shared with anyone, your spouse inclusive, especially through e-mails. The passwords should not consist of SSNs or birth dates since they are easy give-aways. In addition to this, it is necessary to protect your computer with software such as anti-virus protection. It is advisable that you keep a back-up of all your files. Also, remember to log out from your account completely when you are done with the session. This will ensure that nobody can access your banking account.

Auto-generated passwords that are given when you first acquire your online account should be changed. Above all, it is essential to update yourself about the security measures taken by your bank. Compare these measures with that of other bank security systems.

Don’ts – Never send across your banking information through an e-mail as this is not as secure as you think it is. Do not give personal information over a telephone unless you are certain about the person being dealt with. It is necessary to know what that person will do with your personal information.

No not open other browsers simultaneously while carrying out transactions online. Moreover, it is important to ignore e-mails sent from unknown people. If an e-mail is received from a bank asking for your personal information, first call your bank to verify if the details are actually required or not. Usually, banks do not ask their customers for their personal information via an e-mail.

Opening an online bank account is a good idea. It is not only convenient but also faster than traditional banking. Keeping in mind the dos and don’ts of internet banking, customers will sure have a pleasant experience using the services offered by internet banking. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.