Anytime Banking – Personal Finance at Your Fingertips

In today’s often hectic world it can be hard to keep of a track of your finances. Luckily for us there are a number of options available that allow you to keep a check on your bank account. Text banking is one such option which has grown in popularity in recent years and for good reason.

In today’s often hectic world it can be hard to keep of a track of your finances. Luckily for us there are a number of options available that allow you to keep a check on your bank account. Text banking is one such option which has grown in popularity in recent years and for good reason.

What is Text Based Banking?

Text alert banking is a convenient way to keep a check on your bank account through the medium of text messages. By signing up to text banking services you can receive various alerts and updates direct to your mobile phone, allowing you keep an eye on your finances where ever you are, at any time of the day.

Why choose text banking?

One of the main reasons to use text services for banking is to save you the time and effort you would have normally spent visiting an ATM to check your balance. Additionally, it is a very useful tool to keep an eye on when your transactions have been processed. Many banks offer different services that allow you to sign up to numerous alerts depending on your needs.  In particular, a limit alert is very useful tool in helping you to stay out of you overdraft by reminding you when your close to going into the red. The great thing about text banking is that you can often tailor it to your specific needs so you don’t end up getting a load of pointless messages that are of no interest to you.

In general, most text based banking services are free of charge but there may occasionally be standard text rate charges on certain messages depending on the provider.

Is it safe?

Like all banking services, security is a key concern and as such it is no surprise that text based banking is of course a safe way to keep an eye on your finances. While security measures may vary from bank to bank, there are universal security measures which are common across the board. In general, none of your personal information or card details are kept on your phone and you can only access the alerts via a secure password. Additionally, all of the information that is sent your phone is encrypted with sophisticated technology to ensure that your data is safe.

Are there any alternatives?

There are quite a few alternatives to keeping a check on balance while on the move such as internet banking or mobile banking apps for Smartphones. While they offer additional benefits neither are quite as simple and as accessible as text based services. With text banking, all you need is a mobile that has texting capabilities, it really is that simple.

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