With the rapid transition of technology and the internet these days, more and more people are relying on the internet to get most of their jobs done. With the pandemic that happened in 2020, a lot of people find it convenient and fast to do their transactions online. There are still times when people will still have to go to a physical bank to deal with other financial businesses that can’t be done online, however many prefer doing online banking account creation Malaysia now.
Why are many people doing online bank account creation Malaysia?
With the convenience of the internet, people now prefer to create an online bank account so that they can settle some of their financial expenses anytime, and anywhere. Gone are the days when people will have to queue up at the counter just to pay their bills, and gone are the days when people will have to rush to settle their financial business at the physical bank.
Other than settling financial business, with a lot of retail businesses going online these days, having an online bank account means people can shop from the comfort of their own space! All they have to do is visit the website of the store, download a mobile app from the store, and start shopping altogether. To do this, all they need to do is to allow their account to make transactions internationally, and this can be done by calling the bank, or online. When that’s done, they can shop with ease.
How does one do online bank account creation Malaysia?
It depends on which bank you decide to open an account at. However, for Hong Leong Bank, if you want to create an online account, there are a few simple steps listed and you can do it from the comfort of your own space too. First things first are to download the Apply@HLB App.
From there, you will need to key in your identification and mobile number. Then, you will need to scan your ID card and take a selfie before moving on to fill in your details. Finally, when you’re done filling in your details, you can go ahead and click create, and there you have it, you can now make the first deposit from another bank account of yours!
What are the other benefits of banking online?
Using a mobile banking app or a bank that is only accessible online comes with a number of distinct benefits. Imagine you didn’t have to stand in line for hours to obtain the assistance you required when you really needed it, and you also had easier and more direct access to the money you own.
Maintain control of your finances
Making the switch to banking via the internet can make your financial life much easier to manage. You may quickly and easily check your account balance, the activity on your withdrawals, and the history of your payments to ensure that all transactions have been completed successfully. You will have an easier time checking for unauthorized purchases and immediately reporting them whenever you discover them.
Move funds across accounts
Moving money from one bank account to another is a breeze when using an online banking platform. If you also have a savings account and find yourself transferring funds between the two accounts regularly, this perk might be quite useful. You may save the hassle of visiting a branch or calling a customer service representative by simply logging into your online banking account and taking care of it yourself.
You’ll have access to your account whenever you need it
One of the most alluring aspects of using the internet to manage your finances is the flexibility it affords you in terms of when and when you may access your bank accounts. If you have access to the internet, you are able to check your accounts from any location, which eliminates the need to keep track of the hours that the bank is open or to get up and leave the house at an inconvenient hour.