Monday 14 December 2009

12/15 The Wikinvest Daily Angle

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The World's Best Internet Banks
December 14, 2009 at 2:01 am

Today's Daily Angle comes from Wikinvest Wire member David Hunkar of TopForeignStocks.com. You can read thearticle on David's blog.

The Global Finance magazine has published the World's Best Internet Banks Part II in the December issue. These winners were selected based on factors such as the ability in offering traditional products online, earning the trust of online customers, achieve cost savings thru the use of online channel, customer satisfaction, etc.

The Best Internet Banks in the Global and Regional Categories

Regional Winners - Best Consumer Internet Banks

Source: Global Finance

Citi was named the overall global winner and the winner among corporate/institutional banks globally and took home seven regional and sub-category honors. The bank's CitiDirect service garnered particular praise for its rich features, which include customizable reporting applications, a four-tiered security process, cash-flow planning and forecasting capabilities and an end-to-end trade solution on one secure platform that is available 24 hours a day from anywhere in the world. It also facilitates aggregation and visibility at the local, regional and global levels.

HSBC was selected as the world's best consumer Internet bank and won six global sub-categories and three regional awards. Its HSBC Premier service provides access to clients in more than 40 countries. Account balances in different countries are consolidated into a convenient one-page view for customers. Customers can also transfer funds between their HSBC accounts anywhere in the world in multiple currencies in near real-time at no cost, according to Menon. He called HSBC Premier a ‘first-in-market, unique online banking service.’ "

The report also lists the best internet banks by country. For more details go here.

 

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