Getting Started
Getting Started
Once a suitable online provider has been chosen, the first step is to visit the bank’s website to sign-up for an online account. The acceptance process is generally quick and simple, although the decision may not be instant.
There is also some paperwork involved, which includes the signing and posting of an application form to the bank, as the law does not yet recognise electronic signatures. If the consumer does not already have an account with the establishment, other forms of identification will be required before the account will be activated.
Once this application process has been successfully completed, the user will be notified and asked to provide a secure password. All banking transactions can then be carried out at any time by simply returning to the bank’s website and logging-in using a password.
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