Online banking allows you to manage your personal finances from the comfort of your own home or in fact, anywhere in the world. An online current account should offer you much the same features that you would expect from a standard current account, but you should not have to pay a fee to use the account because the overhead costs for the bank will be far lower online. In addition to being able to pay bills and receive payments online, you will be able to access all of your statements securely online, meaning that you would not have to file them away at home.
Although online banking suggests that you would no longer have access to customer service representatives at the bank, most online bank accounts do enable you to phone a dedicated helpline should you have any problems or questions. In addition, you would still be able to pay in cheques and cash in-branch. However, the level of support you will receive from your bank with an online bank account should be one of the deciding factors about where you go, so it is a good idea to ask friends and family, read online reviews and talk directly to the bank's customer service team to make sure that they can offer you a high level of support.