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Online banking e-tools offer entrepreneurs a host of small business online banking options. These options allow them to easily manage their account whenever convenient, from anywhere in the world. Most online banks also offer assistance to entrepreneurs either over the telephone or email through real-time bankers. Additionally, small business entrepreneurs have access to business banking loans and other financial services merely at the click of a few buttons, making it a highly popular option for them who want to avail of all the benefits of online banking savings.
Additional e-tools small business online banking provides include:
Mobile Banking
Many online banks offer this facility free of charge. Mobile banking entails accessing user bank account via a web enabled cell phone or other device, allowing the user to check his/her account balance, credit statement, pay bills and transfer funds.
e-Statements
Online banks email monthly e-statements (electronic version of the bank statement) to client inbox, which can be either saved or printed out for reference/use.
Alerts
User can subscribe to alerts related to the bank account, current transactions or any other detail. The alerts will be delivered to user email account or mobile phone, without revealing sensitive information.
Calculators
Some online banking vendors offer sophisticated online calculators to perform complex calculations to determine interest rates, calculate budget, and so on.
Small business online banking tools offer convenience and reliability 24/7, including services such as “stop payment” which allows a user to cancel all checks merely with the click of a button; initiate foreign wires and even download personal bank information onto Quickbooks business bookkeeping information, Quicken or even to HTML format – all with the strictest levels of security checks imposed to prevent online banking fraud.
