Your financial institution may offer additional services to help you keep your account safe, including turning off your debit card if you suspect fraud. Banking online or through your mobile device is secure, as long as you follow best practices for keeping the information on your mobile device safe.Instead of writing checks and mailing them, you can pay most bills online or through the mobile app for your financial institution.That way you’ll be sure your money goes where you want and you receive money you’re owed. You can test it out by transferring a small amount, like a dollar, back and forth. Before you use any mobile payment services, check out our best practices guide to make sure your transactions are done safely. There’s a good chance your financial institution offers a way to send money person to person, too.Make sure you understand the terms and conditions of your transfer and double check that you are using the correct account and routing numbers when making any transfers. If you need to transfer money between accounts, or even between financial institutions, your online banking or mobile app likely offers you options to do that.
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