Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [online-banking]

To be used for any questions related to banking transactions that can be carried out online [web based]. There is another broader tag online-tools if the questions is not specific to Banking

To be used for any questions related to Banking transactions that can be carried out online [web based]. There is another broder tag online-tools if the questions is not specific to Banking

251 questions
91
votes
8 answers

Is it a scam if the person only wants to deposit into my account, not make a withdrawal?

A man in west coast Austria wants to deposit money into my account. I'm in Alabama. I had to get an online account. I did that, but he says his bank manager needs all this information: DOB SSN online access username online access …
donna
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87
votes
11 answers

Why don't banks give access to all your transaction activity?

In the era of big data, I find it surprising that banks and credit card companies only offer access to a ridiculously small number of transactions - often only your last 180 days, if that. The longest I've seen was 720 days going back. I suspect…
Dan Dascalescu
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82
votes
7 answers

Is this work legal? Someone promises payment for converting money transfers to Bitcoin

An online company hired my friend as an account assistant. They told him they are a business consulting firm, and that they need an account assistant in every area. His job is the following: Some companies send money to my friend's account by…
ashif antor
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72
votes
6 answers

Sugar daddy wants my online banking login info to make deposits — is it a scam?

Someone is offering to pay me in a sort of sugar daddy/sugar baby arrangement. They want to make online deposits to me, and they're asking me for my online banking username and password. Is that information alone enough for them to be able to take…
anonymous
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52
votes
5 answers

Why is transferring money online to someone else's bank account so difficult in the U.S.?

I used to live in a poor, third world country (India) where I freely transferred money between my bank account (a savings account) to accounts held by my friends in different banks, and different countries using just the Internet, net banking. It…
user12420
49
votes
5 answers

Why do banks seem to be indifferent about identity theft?

Several years ago, I was in a terrible relationship in which my girlfriend fraudulently opened a credit card in my name. I forget the specifics, but she ended up transferring the full cash advance on the card into one of her accounts at another…
Curious Layman
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45
votes
11 answers

Why is a transfer from an account to another not done instantly when it's not the same bank?

I own accounts at two different Romanian banks. When I transfer money to another account at the same bank, the money is transferred immediately. However, when I transfer money to an account at a different bank, the transfer is processed the next…
Adelin
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40
votes
14 answers

Are programmers in the USA still able to automate fetching their bank transactions, like was possible in the 1980s and 1990s?

I have a pretty simple question for primarily programmers in the USA, but it also goes for those elsewhere. I'm in Sweden. A couple of years ago, just when I had finally set up an automated system to fetch my bank transaction records automatically,…
Delwin C.
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40
votes
4 answers

Are bank customers allowed to provide username & password to sites like Mint.com?

This question is not about whether Mint.com is secure, or not. That is beside the point. (Refer to this question on the subject of trusting Mint.com and similar services.) Rather: Are bank customers permitted, under whatever account agreement…
Chris W. Rea
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34
votes
8 answers

Under what circumstances can a bank transfer be reversed?

Under what circumstances can a UK high street bank reverse, refund or cancel a bank transfer and do they need to contact the account holder beforehand? I had been under the impression that if I log onto my online bank account and see that I’ve been…
Lima
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27
votes
2 answers

Why does it take 3 days to do electronic transfers between banks?

It seems like electronic transfers can take 2 - 3 days to complete. For example, when I ask my online broker to transfer money from my checking account, the money won't actually be available to trade with until the third business day. Why is this?…
EJoshuaS - Stand with Ukraine
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25
votes
3 answers

What information do scammers need to withdraw money from an account?

There is a story currently on the BBC news website. The relevant points are: Scammers called Alex pretending to be BT (telecommunications provider). Alex provided scammers with information / help Scammers made payments that emptied account of…
Dave
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24
votes
5 answers

Getting paid to like Instagram's posts? Scam?

My dad just told me that he had accepted a passive income job offer on WhatsApp where the task is to like the linked Instagram post every 20 minutes to earn money. The amount is too good for such job and my dad had really received the money and…
Ugly Duck
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22
votes
5 answers

Why do banks encourage me to use online bill payment?

In the US, most consumer banks offer online bill paying. It's convenient for me, but what's in it for the bank? Many vendors take payment electronically, but some require a paper check sent via the post office. The bank does not charge either the…
Mike Kale
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19
votes
6 answers

US bank w/ free online incoming/outgoing international wire transfers, no monthly charges, online application

What US banks let me do the following: % Send and receive international wire transfers for free % Send wire transfers online % Pay no monthly fees % (optional) Apply for an account online. Accounts requiring a minimum balance of up to $50K are…
user1731
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