The advantages and disadvantages of what are, if an account is requested on the Internet? Currently, almost all banks and savings banks offer a checking account. The current account is to imagine little more today from everyday business and personal. Current accounts serve primarily as salary accounts. The current account has replaced already the weekly “pay check” several decades ago, which is due mainly to the security and non-repudiation of receipt of payment. The company can oversee their spending quickly and easily by bank transfer, but also for the employees / private users numerous advantages through the current account. A major benefit resulting from the checking account is that the finances without much effort can be managed.
Especially the online checking accounts can boast today a high degree of multifunctionality. As Giro accounts in the Internet offer, for example, transfers quickly and easily over the Internet to make standing orders and direct debits. The online Giro account from online banks is offered in many cases also without a monthly account maintenance fee. The only condition is usually a monthly minimum payment. Not only the accounting fees are eliminated with the online checking account. Also interest for the term savings will be paid. The convenience of a checking account is underlined in many cases by a free day money or time deposit account.
As a consumer you can benefit day money and deposit accounts as additional products of attractive interest rates and greatly increase its interest income. Additional accounts can be also managed over the Internet and run. It is also positively noted that checking accounts offered by online banks with various debit cards and credit cards. A disadvantage resulting from online checking account or the related debit cards is that usually the reference banks must be sought if one wants to withdraw cash free of charge. For withdrawals of cash, royalties are due not uncommon. A small disadvantage is also Visa application procedures to name a few. The application must be made via the Internet. An account application must be filled out and sent. After a few days, then get a commitment. To open the checking account you must confirm person usually happens in many cases with the post-ident procedures on a branch of the Deutsche Post. Doris Krennmayr,