Bank of America provides an online account portal that is accessible at BankOfAmerica.com. It also has an online banking service that allows customers to check their balance or payment history from a laptop or phone, notes its official website.Continue Reading
Bank of America's online banking system allows customers to pay bills and make monetary transfers online between accounts or even to accounts at other banks. The online banking system also has a bill scheduling system that allows for recurring expenses to be paid automatically. Bank of America's online portal helps customers with budget and tax planning and allows for direct comparison among all of a customer's accounts. The system is suitable for smartphones and allows users to remotely check their balances, deposit checks, transfer money and pay bills, according to the Bank of America website.
Online banking has proven to be just as safe as traditional methods of banking, according to Kimberly Palmer for U.S. News & World Report, as long as consumers take reasonable precautions to ensure the safety of their information. Users of online banking should be wary of accessing unknown sites on their devices. They are also advised to frequently check their accounts to see if any strange purchases have been made and to contact their bank if they feel they may be a victim of identity theft.Learn more about Personal Banking