Monday, June 13, 2011

IOB Net Banking


Indian Overseas Bank internet banking is provided as a free service to customers looking to manage their finances online, which allows them convenient 24 hour access to their accounts without the need to visit an ordinary local branch. Many customers now consider this imperative to their account management, as the ease and convenience provided by IOBnet have become critical to their needs.
IOB internet banking provides customers with a broad range of useful features intended to allow them to perform the vast majority of their banking needs entirely online, allowing many clients to use IOB internet banking as their primary or only form of account access. Many of these clients have found they can go for extended periods of time never visiting a local branch, and enjoying the fact they can forgo the tedium.
By using IOB internet banking, customers are able to:
  • Manage their expenses by tracking past expenditures
  • View and print past expenses statements
  • Contact customer service
  • Update personal contact details
  • Monitor accounts for suspicious activity
  • Transfer funds between accounts
  • Transfer funds to other banks
  • Pay bills online
  • Pay taxes online
  • And more.
Customers looking to sign up for IOB net banking can do so at the IOB website, where they will need to complete a brief enrollment form with basic account details before they can access the service. During registration customers will select a login code and password, which they should keep protected at all times from loss or theft, as these will be used to log in to IOB net banking.
Like many other modern banking institutions, Indian Overseas Bank protects its customers by using the current global standard for internet security, which is in place by the world’s largest financial institutions throughout the world. These consist of encryption codes and firewalls, which block and scramble IOB online banking communications between bank and user so that only the two communicating can view or make sense of the transmission. The encryption standards currently set in place across the globe are beyond the capability of current computers to decipher within several lifetimes.
Despite the advances made in computer security in recent decades, customers are still advised to be well aware of the risks when using IOB netbanking, or any online financial transaction at all. Customers should keep their passwords well protected, memorized if possible, to ensure to loss or theft, and should avoid divulging this information to anyone unknown to them, especially through unexpected SMS text or email messages, which have become common methods for mining customer data. Customers should also try to use computers with security levels they understand, and avoid those in shared workspaces or public networks which may have differing levels of security. The latest anti-virus software will counteract the potential risk of viruses, keylogging software and other dangerous programs. By taking these measures into consideration customers should have little difficulty making use of and enjoying IOB net banking.

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