Newsbytes notes that First-e is routing its transactions through the Royal Bank of Scotland, with whom it has a banking arrangement. This, the bank says, means that all transactions and bank dealings on the Internet are as secure as possible. To ensure security, each TAN can only used once by a customer, and customers are given groups of TANs to validate their various transactions. Because First-e only exists online and its transactions take place online, the bank says that customers can open an online account in a matter of minutes. This, First-e says, allows customers to start benefiting from the bank's high rate of interest as quickly as possible.
Interest is calculated daily and paid on a monthly basis.
Once an account is open, the bank says that the customer is in total control with 24 hour access to the account via the Internet from anywhere in the world. The information on this site is protected by copyright and other applicable laws, treaties and conventions. Information contained on sites we link to, as well as information provided by third parties that is available on this site, is the property of its provider. Neither Sun nor any of the providers of such information shall be liable for any errors therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.