Bank of America services one out of four households across America. Their international efforts service more than 150 different countries. More than one million people use the Bank of America online banking system. In the middle United States market, Bank of America is the number one financial institution.
Charities are important to Bank of America as well. More than $85 million dollars are donated to charities per year.
A visit to their website will show how easy Bank of America online banking is. The site is very easy to navigate. The home page carries an easy to use log in from the home page. Once you sign in, this will take you to your online banking account, where you can take care of your financial needs. There is even a place under the log in where you can invest your money online. This creates a banking experience that requires no long lines, no fighting traffic (unless the Internet is really busy), and no skipping your lunch to get to the bank.
Some of their services include:
- Checking and savings accounts
- Mortgages
- Investment tools and services
- Credit cards
- Online banking
When using your Bank of America online banking account you can:
- check your balances on checking, savings, and credit cards,
- track account activity for up to 70 days on checking and savings accounts,
- track account activity for up to five months on credit cards,
- transfer cash between your checking, savings, and credit card accounts,
- download account information to Quicken or Microsoft Money,
- nickname your accounts for easy and fast reference, and
- reorder checks online
They also offer online customer service requests so you can change your personal information, make a stop payment on a check, order a check or a copy of your statement, ask about a certain transaction, inquire about a technical question, or send a message or question to the customer service department. You can also, at your own convenience, pay anyone online that you would normally write a check to, and you can receive your bills electronically from participating companies.
Bank of America protects the consumer. They offer $0 liability for all unauthorized activity from your online bank accounts. There is a section on the website that explains how to report unauthorized activity on your account to protect your rights. Bank of America requests that you review your statement regularly. Your information is safe guarded by Bank of America. When personal information is requested or shown, Bank of America utilizes encryption technology (Secure Socket Layer or SSL) to stop unauthorized data from falling into the wrong hands. Bank of America also protects the customer’s privacy by not sharing information about you with third party marketers. If you chose, you can opt-out of direct marketing from Bank of America.
With Bank of America online banking, you can use their bill pay system, which sends a payment to whomever you wish on a certain date for the amount you specify. If the payment does not get there in time due to an error on Bank America’s part, they will reimburse you for any late fees you may incur.
Bank of America makes banking online easy and convenient so you save time and money.
By R. S. Wagner