The features available from an on-line bank account are similar to those which are available via 'phone banking or visiting the local branch. On-line banking features do differ between the banks, but usually include:

• Transfer of funds between accounts;
• Payment of bills;
• View balance and statements;
• Create, view and maintain Standing Orders;
• View Direct Debits.

An important feature for SMEs is the ability to download financial information, and transfer it into a Sreadsheet or the accounting application used.