Online banking
Using the internet for your banking
What can you do easily online?
What can you do easily online?





Pay anyone
Check your balance
View all your transactions over a period of
time (electronic account ‘statement’)
Schedule bills - pay bills on a certain date
Move money from one account to another
What can’t you do online?
What can’t you do online?


Get cash
Put cash in (deposit cash)
Online Security: How do all these
security items make our banking safe?
official web address
padlock icon
digital certificate
default time-out
anti-virus software
firewall
128-bit encryption
log off command
customer password
customer logon
Security: words and meanings

Go to:
http://www.onlinebanking.org.au/3_secu
rity_act1.htm
can you find each of the security items
on the banking web page?
Make up a good strong password



At least 8 characters: mix of letters and
numbers
Avoid real words and numbers, like names,
street address or date of birth or phone
number
Replace letters with numbers: S for 5; 0 for O;
E for 3
Test your skills with the Passwords Quiz:
http://www.onlinebanking.org.au/3_security_act3b.htm
THINGS TO REMEMBER...
1.
2.
3.
4.
5.
Never store your logon and password together on your
computer, or in your email account.
If you accidentally enter the wrong password or logon, a
message saying invalid logon will appear. If this happens 3
times, you will be locked out and unable to access your account.
To get access again, you must ring the bank.
Always remember to log off when you’re finished using online
banking.
Be careful about transferring funds to another person’s account.
If you enter the wrong information, you will not be able to get
your money back.
Always print or write down the lodgement and receipt number of
completed online transactions.
Let’s do some banking at
SIM Bank !
1.
2.
Create a strong password
Log on: write down your customer ID
and type in your password, and type it
again… choose your income level and
SUBMIT.
3.
4.
5.
Check balance and view your
statement
Transfer money
Pay a bill

Go to:
http://www.onlinebanking.org.au/1_what
_is_intro.htm to practice online banking
at SIM bank and do more of the
activities