📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Additional Online Banking Security Measures

2»

Comments

  • Cmdr_Bond
    Cmdr_Bond Posts: 628 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 15 February 2011 at 3:58PM
    OK, just an Update on the OTP.

    I have, for the first time in a month, been able to access my online banking (new registration). With this I set up my OTP which was instant.

    To change your number, it sends you an OTP to the existing number which you have to confirm before you can use the new number - once you have confirmed this, its use is instant.

    So it IS secure so long as you don't get your phone nicked.

    [edit]
    BTW, I forgot to mention - if you don't have a mobile or just don't want to use OTP you can opt-out. Although I don't know if this restricts you to telephone banking to set-up/make payments or just puts any possible fraud due to a hacked account on your shoulders.
    Not as green as I am cabbage looking
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.5K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.5K Work, Benefits & Business
  • 598.2K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.