Bank of America has rolled out of its secure Mobile Banking service, allowing customers to check account balances, pay bills and transfer money from their cell phones.
Bank of America began rolling out Mobile Banking service to consumers in March and now is providing the service to more than 20 million online customers across the country. Using Web browsers built into most cell phones, consumers can:
- Check balances on their checking, savings and credit card accounts, as well as mortgages and home equity lines held with Bank of America
- Pay their bills and e-bills
- Transfer money between accounts and to other Bank of America customers
- View transactions for checking and savings accounts, mortgages and home equity lines, including posted and pending transactions
To help protect customer information, the bank has developed a unique end-to-end security feature that ensures information remains encrypted when sent between the mobile phone and the bank.
Bank of America is the first bank to provide its mobile banking service. The Web-based service is accessible via most major carriers that have mobile Internet access and requires no downloading of software.
To access Mobile Banking, customers simply go to the Web browser on their mobile phone and enter http://www.bofa.mobi . Once on the site, customers enter their Online Banking ID and passcode to access their accounts.
