Among the bizarre reactions to Net banking has been "bankaholism"--when people access their accounts obsessively.
A study conducted by HSBC showed that one in 10 Britons checked their bank balance up to four times a day. A whopping 25 percent of people knew their bank balance to the last penny, while 45 percent knew it to the nearest 10 pounds (AU$30).
Internet and phone banking seems to play a part in cultivating such obsessive behavior. While one in five people admitted to checking their accounts three times a day regularly, the number among phone and Internet banking customers jumped to one in three.
One quarter of men checked their bank accounts often, while only 13 percent of women did the same.
The bright spot in this Silas Marner-type predilection for money-counting is that people seem more careful about their spending, with 60 percent of the respondents saying they had never been overdrawn.
Online banking IS gr8, but not SAFE, according to the experts. Not only is it unsafe, but it still takes them 3-5 days to clear a cheque presented to your account, but only seconds to debit your account when you write a cheque. Come guys lift your game. Get real. The signal travels at 360000miles/sec, not 3-5 days!!!!