Online Banking: What Should You Know?

Probably everyone has heard about the convenience of online banking. Buying, selling, exchanging (USD to EUR etc.) your money became a lot easier when online banking became available. Quick transfers, transaction history, security — these are just a small part of its advantages. Today, many banks provide such services, but we would like to talk about a more convenient financial institution for online banking, namely, Genome. Read our article to know how to open business account, personal eWallets, and many more!

What Is Online Banking?

Online banking is a financial system that allows you to receive services from financial institutions via the Internet. Many banks do not have regular branches; they just serve their users online because there are all the possibilities for this today.

What services are available through online banking?

You can transfer money, make international payments, and even open business account or merchant account.

What services do you get with online banking?

–       Private account with information about the sums on your cards and in different accounts (it is possible to open business accounts in different currencies and for different purposes: personal use and a financial business).

–       The full history of your online transactions and monthly account statements.

–       The possibility to transfer money from one account to another within the financial institution and to third-party providers.

–       Additional opportunities for planning your personal budget: you can monitor what you spend your money on, set financial goals, and save money for them.

–       Instant online payments.

–       eWallet, which is a convenient service for storing your money. Your funds are always there when you need them.

What to Choose for Online Banking: Your Country’s Bank or Genome International Financial Institution?

What do we know about usual banks? Long money transfers, complicated procedures to open business accounts, long lines at the branches just to sign some paper, and more. There is a chance that a bank may block your transaction or account because of financial business movements that it considers suspicious. All of this makes people look for alternatives to national and private banks. Genome is one of the alternatives and the best solution not only for financial business but also for personal use. This e-money institution is times easier to use since online banking is faster and more understandable for many people. Open business account now to find out the main advantages.

Why Can You Trust Genome?

It’s far not a secret that there are a lot of fraudulent financial institutions on the internet, multiple scammers, and money laundering. With Genome, the situation is different because the National Bank of Lithuania is its supervisor. The Lithuanian bank issued a license for Genome to operate in Europe and beyond. And that means your funds are insured and protected by the state bank. Even if you are a citizen of Poland or Romania, for example, you are protected by international and European Union law. 

What Countries and Currencies Are Available?

In general, Genome provides the opportunity to open business account in dollars (USD), euros (EUR), and pounds (GBP). Multicurrency accounts are especially useful for financial businesses that operate internationally. Genome is available in different countries in Europe (from Romania to France). In the future, full support for the UK is being considered.

How Do I Get Access to Genome Online Banking?

Unlike with a regular bank, you don’t have to open a regular bank account. You can visit Genome’s official website to start the registration process to get access to online banking. You can access the online bank from your computer, tablet, or smartphone simply through your browser. Moreover, you can install a special application on mobile gadgets — it is more convenient to use.

3-Step Instruction to Get Started

1. Create an account using your email and come up with a secure password.
2. Select the type of account and currency you want to open. It is possible to add new accounts later; so, do not worry.
3. Go through fast online verification (the list of documents is standard, and they can be attached as a photo or PDF file at any time convenient for you).

To enjoy all these advantages, start your financial journey with the Genome financial institution!