1. Check the logo: All legitimate banks, online or otherwise, are insured by FDIC—the Federal Deposit Insurance Corporation; check for the logo on Web sites.

2. Safety is paramount: Look for the “https” designation before an online banking site’s URL or the familiar “lock” logo to know personal information is protected.

3. Monitor fees: Even “free” checking can be costly; watch out for fees based on credit references, account inactivity, returned checks or other hidden charges.

4. Three top tips: For safe Internet banking, confirm the bank is legitimate, your deposits are insured and personal information will be kept private and secure.

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Article by Nakagava Ltd., creator of PiggyBob™, the first truly user friendly personal finance software and time manager. PiggyBob™ is an extremely convenient tool to help you keep track of your income and expenses, plus a very useful printable calendar to record all important events in your life. All the data you record in PiggyBob™ can be handily visualized in graphs.

This entry was posted on Thursday, November 9th, 2006 at 2:48 pm and is filed under Personal finance, Home business. You can leave a response, or trackback from your own site.