Open 24 hours a day, easily accessible from anywhere in the world. Security and military-type encryption and equivalent client services to conventional banks.
Why pay for the services of a physical bank that you never use?
Since 1994 and the creation by a subsidiary of the PARIBAS group of “Direct Bank”, there exist, parallel to conventional institutions, banks that carry out all banking on the internet. For those who are not allergic to the computer and who agrees not to talk in the eye to his banker, online banking has many interests .
10X more attractive prices
The major attraction for individuals is the much more competitive prices compared to “physical” establishments. Withdrawals are free at all ATMs, opposition fees are zero, and authorized overdrafts are offered at unbeatable rates. In addition, many services are simply free, such as obtaining a credit card , or free transfers and withdrawals.
24 hours a day, 7 days a week
In addition to the economic argument, the major advantage of virtual banks is their great availability . The generalization of access to the internet has led to easy access to his account online: it is always available, it allows to make transfers or credit a check on an account and all this even in the middle of the night, even in another country.
A counselor always there for you
Any contact with physical beings has not been removed however: personal advisers are present and reachable either by phone or by a chat service and even video on the internet. Of course, these services are not available 24 hours a day, but they are available in extended time slots compared to conventional counters.
Exclusive financial products
Virtual banks have also become accustomed to offering attractive financial products in the fields of life insurance and unregulated bank books: on these, the guaranteed rates are very high (but gross) and the money is perfectly available.
And a multitude of other services
Finally they offer exclusive additional services such as an electronic safe: the holder of an account can deposit copies of personal documents safely.
While it is true that this type of service is particularly aimed at a young and up-to-date population, the benefits of online banking can satisfy a wide audience.