How to set up a bank account online? Currently, most of us are used to online banking. Despite this, until recently, registration of a new invoice required a visit to the facility. Now all we need is the internet and information that everyone has stored in memory. Banks made sure that customers were served not only quickly, but also in comfortable conditions. Let’s check what opportunities they offer us when creating an account.
Why is opening a bank account important?
For many of us, banking products are associated with investing or additional costs. However, a personal account is one of the basic services that is used to store money in a bank and allows you to use it in electronic form. Although the choice of a bank does not have serious consequences in this case, it is worth spending time reviewing the available offers. Thanks to this, we can find a service provider that introduces additional benefits, offers its clients promotions or exempts from any fees. A bank account will accompany us in our daily duties and pleasures, so let’s think about this decision.
It is currently difficult to function without a personal account. It allows us to:
- receiving incoming transfers, such as remuneration for work, tax refund or tax refund, which are increasingly paid in the form of online transfers,
- and ordering outgoing transfers, which include both card payments for purchases, withdrawing money from an ATM, as well as paying bills or paying other obligations.
Most often elderly people have concerns before opening a bank account. However, you should know that the risk of theft from your home savings is much greater than that you will be the victim of hackers who will clean your bank account.
Creating an account online – benefits
Most banks present on the financial market offer the option of opening a personal account online, which is why the choice can be difficult. However, if we are not able to make the decision to open one account, and opening two seems reasonable, nothing prevents us. In the future, this may result in better loan terms or attractive promotions for regular customers. In addition, when applying for financial support in an institution, we will not be required to provide additional documents certifying employment. Most banks also provide more favorable interest rates on deposits for persons who have an account at their facility. As you can see, we can gain a lot by choosing well.
How to set up a bank account online? We will try to answer this question. However, before we do it, it is worth noting that the Internet has not eliminated the traditional procedure in the branch. Among us are still traditionalists who prefer to personally visit the bank’s headquarters, talk to an advisor, and then return home and analyze the conditions again. Others prefer quick and independent review of offers available, for example, in banking product comparison websites.
Bank account – how to open it?
Regardless of whether you decide to open a personal account at PKO BP, Millenium, Credit Agricole or ING Bank Śląski, the procedure looks exactly the same and is not complicated. What do we have to do? All you have to do is go to the website of the selected bank and complete the application on it.
In the next stage we will be asked to provide your name, address and contact details, PESEL number and basic information from your ID card. At this stage, we will also have the chance to indicate whether we need a debit card for the account, or maybe we want to start a credit immediately. It is possible that the bank will offer us other free additions to the account – e.g. a savings account . After filling in all the boxes and choosing the payment card (which is attached to the bank account for free), you should wait for the courier’s visit or go to the bank’s outlet to sign the contract. Then just follow the instructions and activate the product. If we want to use a solution that will not require us to be in the facility or to visit a courier, we should return to the search stage.
Not only through the website
In addition to visiting the facility and completing the online application, we can also use other solutions to quickly set up a bank account. Banks try to meet the needs of all customers, which is why the variety of solutions that are beneficial to the customer can only cause us problems with choosing the best, which is not a fault. The above-mentioned procedure proposed by uBank combines online application and completion of formalities in person. If we decide to take advantage of the offer of this institution, identity verification is carried out by presenting proof to the courier or bank employee when signing the contract. On the other hand, when the bank allows you to apply only online, the data is confirmed in the form of micro-transfers from another account belonging to us or, as in the case of HiNet Bank, during a video conversation with a consultant. How does it look like?
Create a bank account by bank transfer
Another method of verifying your identity when creating an account is the transfer mentioned above. PKO BP or HiNet Bank offers this solution to its clients. In this situation, you will need to have a second account registered for our data. As in the case of uBank, we submit the application via the website, and in one of the boxes enter the appropriate number associated account. Remember that this is possible when both products belong to us and are registered only on the applicant’s details. In such situations, the contract will be sent electronically or by post together with a payment card.
HiNet Bank also offers another modern solution, which is inference and identity verification during video calls. The whole procedure will take us only 5 minutes, and you will need: ID card or passport and a computer with a camera and microphone. During the conversation we will have to show a photo from the document. Thanks to this, the consultant will confirm whether he belongs to the interlocutor.
Bank account and PSD2 directive
On September 14, 2019, the deadline for making changes to logging in to bank accounts was past. The PSD2 directive requires banks to carry out strong customer authentication. This means that in addition to the password, we will be required to go through one more security. The bank is required to introduce at least two security elements in the following categories:
- knowledge of something that only the user knows about, e.g. the aforementioned login password,
- having something that only the account owner has, for example SMS codes sent to the number indicated in the system,
- user characteristics such as, for example, a fingerprint.
Such safeguards could have been seen before when ordering transfers. Some banks required confirmation by an SMS code, other approvals in the mobile application.