Hey Joe, I have had the same concerns as you over the years & it took me a few years to finally make the move towards online banking. Now...I find it far more convenient & we pretty much do all of our banking online.
My wife & I have RBC & I use BMO for my business accounts. The security on pretty much everything is pretty much as the highest possible level that it can be, not to mention the amount of additional security questions & other things are required (sometimes to much if you ask me)...haven't asked me for my DNA for the alien-human hybrid program....YET!!! For me it now comes down to services, ease of use, live customer service, etc. One of the key things I like is the ability to download PDF's of my statements, customization & other options. I can speak very highly for RBC in all of those regards, but not so much for BMO. I just find that they don't really seem interested in moving forward into the digital age & have had many service issues over the years. But...I have a screaming deal on my account right now, so not looking to change & essentially make it work. >From a smartphone app perspective, both of them are pretty good & I haven't seen many issues so far. Yours or other peoples mileage on this may vary...but I am trying to do some specific things, so I look for function more than anything else...in short...does it get me to my goal in an effective & efficient manner. I have used online banking on all three platforms & haven't seem much difference between any of them...which should be expected. The biggest things to remember from a paranoia perspective...make sure that your are using an SSL encrypted connection, make sure you log out...and review your statements. Obviously nothing is perfect & you can't ultimately be guaranteed that nothing will ever happen...but I personally haven't experienced any issues (save one phantom charge on a charge card...which was resolved quickly). I don't know if this means anything...but I have recently started moving in purchasing some items online as well as well as paying some bills (i.e. wives seatbelt ticket) at non-bank sites as well. Again...diligence...observation & personal responsibility & review are your friends. HTH! TekBudda On 12-05-04 08:37 PM, Joe S wrote: > I have been avoiding online banking (have an account at RBC); am > wondering how safe it is to do online banking. I'm assuming the > connection should be secure, but I'm thinking if a bug gets on > the computer couldn't it get info on my account? Are there any > real concerns with this. I didn't want my bank statements mailed > out, and RBC said they would have to set up online banking for me > to get them. > > Thanks > > _______________________________________________ > clug-talk mailing list > [email protected] > http://clug.ca/mailman/listinfo/clug-talk_clug.ca > Mailing List Guidelines (http://clug.ca/ml_guidelines.php) > **Please remove these lines when replying _______________________________________________ clug-talk mailing list [email protected] http://clug.ca/mailman/listinfo/clug-talk_clug.ca Mailing List Guidelines (http://clug.ca/ml_guidelines.php) **Please remove these lines when replying
