changing banks .

I understand your concerns about online banking as I also had them. However it was pointed out that I could check my balance each morning and would know immediately whether something untoward had happened eg hacking.

With a paper statement once a month, hacking via the banks computers could occur immediately after the statement had been issued and the customer would be none the wiser for weeks.

tiredoldwoman
I've changed banks many times. Compared to years ago it's a doddle.

You say you don't trust online banking, please give it some thought.

Some time ago my card was 'compromised' Now because I bank online and check every day i saw that it had been used in a carpark in the midlands ( I live in Southend)

I was onto my bank immediately. if I still had a monthly paper statement I wouldn't have seen this. Having said that most banks now notify you when there is suspicious transactions.

It is very easy to transfer money. The only advice I can give you is not to transfer a couple of days before your pension is due to be paid in. It only takes 7 working days and compared with years ago it is a breeze.

Oh yes, several banks several times. All without any hiccups.

I do all my banking online. 4 bank accounts, 3 savings accounts 2 credit cards/accounts and a share dealing account and although I've switched banks many times during the past 25 years there has never been a problem and never had my details compromised.