The advantage of these services is that you can access your bank account from wherever you choose at the time you choose. The services are available 24 hours a day 7 days a week. Banks do not currently charge for these services but may do so when the services are more widely used. This is the trend with Internet banking, with banks choosing not to charge until a sufficient number of users are on board. A number of Irish based financial institutions have either set up stand-alone Internet banking services or are planning to do so.
Phone banking allows users to dial a free phone number.
A separate pin number from your card number is issued for both your Internet and phone banking transactions. Both are secure. With Internet banking for example the user enters the applicable security code when requested. Banks frequently expand their electronic services in this area. All banks offer at a minimum the following services.