How
do I open a Bank Account Online?
As
Internet banks don't have the overheads that conventional banks
do, they can often offer a higher interest rate.
It
is also, often, easier to manage you money with online bank accounts
as they offer 24 hour online banking and
The
procedure to open an Internet savings bank account normally follows
this pattern:
1. Get
you current bank account sort code and account number details
to hand and fill in the online application form.
2. A
reference number and account number for your new account should
be sent to you via post.
3.
Follow the instructions in the information received, you will
normally have to send a cheque to your new account to activate
it (by post)
4. Once
your new account has had the first payment deposited you should
receive more information in the post to verify your initial deposit.
You normally get two letters, one with your customer number and
other details and one with your pin number, these may arrive on
seperate days.
5.
You should now be able to log into your new account online
and via the phone. If you have any problems contact the banks
customer services.
Not
all banks follow this procedure.
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to Bank Accounts
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