What is Halifax Online?
The On-line banking also known as Internet banking or E-banking is one of the banking or financial services offered by the Halifax Bank to manage the residential mortgages. Its main motto is to provide secure transactions to the customers of the United Kingdom under virtual bank, credit union,retail bank or building society. It manages accounts with the help of customer verification password registered in the financial institution. The different kinds of transactions that can be done through On-line banking are listed as : viewing account balances, ordering cheque books, Funds transfers, bill payments and repayments of enrollments and many more. In addition to this, it also facilitates Loan applications and transactions, Register utility billers and downloading periodic account statements etc. The Halifax Bank was originally started as 'Halifax Permanent Benefit Building and Investment Society' in the year 1853 and was renovated in 1928 as Halifax Plus. A British “Lloyds Banking Group” of corporation acts as the owner of the Halifax banking institution and is responsible for regulating all the banking services. In the United Kingdom, Home e-banking services first introduced in 1983 by the Bank of Scotland (BOS) in accordance with the law “HBOS Group Reorganization Act 2006”. The Halifax Bank of Scotland abbreviated as HBOS consists comprises of Halifax Plc. and Bank of Scotland and was formed in 2006. It has many wings with in the United Kingdom with its central bank situated at Lovell Park Road, Leeds, West Yorkshire. The INTERNET banking is fast and flexible services which saves time of the users and protects their personal information using anti-fraud systems. The services are available for 24 hours in a week.