Mobile banking applications – uses and how to download
When mobile banking was introduced in 2002, the functions were limited to SMS banking. You could send texts to a unique number provided by the bank and carry out basic banking transactions like money transfers, balance checks, and mini statements. However, today’s mobile banking applications are equipped to do so much more. Read on to understand how to download mobile banking apps and their many uses.
A Mobile Banking App is a free-to-download application that enables you to perform various banking activities using your internet-enabled mobile phone. Banks offer their eponymous apps, which you can download and install on your phone to conduct multiple functions.
Here are the steps for mobile banking app download.
An extension of internet banking, Mobile banking apps are incredibly user-friendly. Here are some reasons why you should download and use these apps.
Following good mobile banking etiquettes goes a long way in ensuring bank account security. Below are the do’s and don’ts.
Most banks provide mobile banking apps for Android and iOS. However, many banks are yet to create their apps for Windows phones.
Mobile banking applications allow you to carry banking activities using your mobile device. Most banks provide free mobile banking apps, which you can download on your internet-enabled phones in seconds. Once downloaded, you can conveniently conduct several types of transactions. While banks take all measures to protect your financial data, you too must follow all the safety protocols.
Are you looking for a smart mobile banking app? Download digibank by DBS and explore a world of banking facilities in a few swipes. Also, open your savings account with us.
*Disclaimer: This article is for information purposes only. We recommend you get in touch with your income tax advisor or CA for expert advice.