Online savings account - security on setting up & money transfers

stevedb11

Ashlion wrote: »

Is the confirmation by email, or a hard copy in the post? Do you get anything in the post?

I tend to have the same reservations about e-saver accounts as Andy, although I have opened a Sainsburys one. They sent me an email to confirm creation of a bill payment mandate, and I also received a pay-in book in the post as well as various other gumph. This makes me feel like it's a real account, as at least I have some proof that I even have an account.

Does Kaupthing send you any physical documents? (Call me old-fashioned!)

Yes Kaupthing Edge send a letter stating confirmation of opening and also a temporary password,to access your account for the first time.
Hope this helps Steve;)