All banks offer at a minimum the following services. The ability to check the most recent balance on your account. The ability to pay bills. Currently each bank facilitates the payment of bills to certain companies. This facility will be expanded over time.
Users can also transfer money between accounts, usually within the same bank.
Bank statements or cheque books can be ordered. Enquiries can be posted as to whether a particular cheque has been presented. Other international trends in Internet banking are the ability to buy shares online. In some cases overdraft facilities can be arranged on the Internet, or standing orders can be established or amended. We can also expect our mortgages to be handled online, together with all our insurance needs.