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With all the economic troubles, is it safe to use online banks?
Wiki User
∙ 15y ago
The short answer is yes, it is safe, depending on which bank you use. MSN Money has a list of the top 10 online banks. if you stick to one of those, you should be fine.
Wiki User
∙ 15y ago
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Is online clothes shopping safe?
Shopping for clothing online is completely safe as long as you use reputable stores that use encryption software to keep transactions safe. You won't have any troubles using most sites.
How safe are online banks to bank with?
Internet banking is very safe. Banks should be insured with the FDIC. (Federal Deposit Insurance Corporation) Proper precautions should always be used when accessing your online account. This would include safe guarding your user name and password.
Is online banking safe for home users?
Online banking is very common and quite safe to use for home users. Almost every nation bank and even most local banks offer secure safe online banking.
Is Natwest online banking secure?
Some banks online can not always be trusted or reliable. Natwest online banking service though, is a safe, secure, and trusted bank online used by many.
How safe are the area banks in Edgewater Fl?
Those banks that are insured by FDIC are pretty safe.
How safe are the banks?
Not very.
Why do governments regulate banks?
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers are protected and the country's economy is safeguarded.
Is it safe to do online banking?
Yes, it is generally safe to do banking online as long as you know that you are working on a secure site. Make sure that you always log out of your account when you are finished and change your password regularly.
What banks are safe in the us?
NONE!
Are the banks and storage in 12sky2 safe?
yes
How can I find out more about online banking's ease and safety?
Online banking is very safe and easy to use. Banks are required to use the most up to date security features on all their websites. It is much more convenient to use banking online.
Which bank savings account is the best to use if I want a high rate of return?
In the current economic situation, very few banks are giving a decent rate of interest on savings account, if any. A better option would be to invest in fixed deposits or municipal bonds or other govt. securities that are safe and give a good rate of interest. A list comparing the rates of different national banks is available at http://www.bargaineering.com/articles/top-5-online-banks-savings-or-checking-accounts.html.
