Balancing my check account

Posted Sep 15, 2005 17:18 UTC (Thu) by NAR (subscriber, #1313)
In reply to: Balancing my check account by carcassonne
Parent article: The Grumpy Editor's guide to personal finance managers (Part I)

3) You access your account on the internet using your password.

4) When you make a bank transfer you use one of the numbers on your list. You scratch that number and use another one for the next transaction.

My bank simply sends a text message to my mobile phone after the username/password login with a secondary one-time password. This is needed not only to finish the login, but for starting transactions, modifying card limits, etc.

Bye,NAR

Balancing my check account

Posted Sep 15, 2005 19:03 UTC (Thu) by mightyduck (guest, #23760) [Link] (2 responses)

What do you do if you don't have coverage? (Yes, areas like that exist,
for instance here on Long Island) You can't do online banking then?

I definitely prefer the German PIN/TAN method.

Balancing my check account

Posted Sep 16, 2005 6:29 UTC (Fri) by man_ls (guest, #15091) [Link] (1 responses)

The Netherlands is flat as a pancake, I find it difficult to believe there are areas there without coverage apart from lifts and the Tube. Here in Spain you can maybe climb a high mountain and get lost, but most cities and villages are covered.

Balancing my check account

Posted Sep 16, 2005 14:55 UTC (Fri) by mightyduck (guest, #23760) [Link]

Well, compared to Europe the US is still a third world country in terms
of cell phone usage and coverage ;-). But it's catching up.