NatWest launches online multi-currency system

August 15, 2007 by admin  
Filed under News, News-Banking

The launch of NatWest’s new ibanking product has been successful, the offshore banking provider said today.

An internal survey of 500 customers showed seven-in-ten saying that the product made them more confident about banking online.

ibanking is a multi-currency banking product which is conducted online. Customers can therefore access their account and transfer funds from anywhere in the world, and view their details through entering their customer number, PIN and password.

Head of NatWest International Personal Banking Julian Gouge said: “We recognise that online security is a key concern in today’s society and the ibanking system gives customers the reassurance they need when making transactions and controlling their finances.

“Whether you are enjoying yourself on holiday in Jamaica or working in Japan, ibanking allows you to make payments and manage your finances within seconds at any time of the day or night.”

Offshore banking products for customers are provided by many other high street banks in Britain, including Lloyds TSB and HSBC.

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