Do You Use E-Banking? How Often Do You Change The Password?
By M Cheung
@Beestring (14675)
Hong Kong
October 29, 2022 5:03am CST
I seldom go to bank branches nowadays. Just use an ATM to withdraw money. I use e-banking to pay bills, buy/sell stocks, mutual funds; transfer money and even buy insurance. E-banking is convenient. It's available anytime, anywhere. For security reasons, I change my password once every six months.
Do you use e-banking? How often do you change the password?
11 people like this
11 responses
@jobelbojel (36024)
• Philippines
29 Oct 22
I do lots of it. I don't even withdraw my earnings. I use my card for grocery, online purchases. If I need cash, I only go to ATM to get some. My e-bank notifies me every month (I guess) to change my PW.
4 people like this
@Beestring (14675)
• Hong Kong
29 Oct 22
My e-bank reminds me to change my password once in a while, not every month.
3 people like this
@jobelbojel (36024)
• Philippines
29 Oct 22
@Beestring I don't remember the timing for me but yes, I get reminded via notification.
3 people like this
@Beestring (14675)
• Hong Kong
29 Oct 22
I see. My bank used your two-factor authentication system before. Don't know why, they recently changed the system. Only need to input a password once.
3 people like this
@LadyDuck (472004)
• Switzerland
29 Oct 22
@Beestring I am glad of the two-factor authentication and I like even more the bank who sent the sheet with code and online you get the grid to check and enter the number.
2 people like this
@Beestring (14675)
• Hong Kong
29 Oct 22
@LadyDuck Two-factor authentication is much safer.
2 people like this
@snowy22315 (181974)
• United States
29 Oct 22
I only do it when my bank tells me I need to. I find the whole thing a hassle.
3 people like this
@Beestring (14675)
• Hong Kong
29 Oct 22
I see. So how do you pay your bills? By checks?
2 people like this
@Beestring (14675)
• Hong Kong
29 Oct 22
I see. You are using e-banking then. Thank you for commenting.
2 people like this
@aninditasen (16505)
• Raurkela, India
29 Oct 22
I do use e-banking and it's mandatory for us to change the password every six months.
2 people like this
@aninditasen (16505)
• Raurkela, India
30 Oct 22
@Beestring Yes, it is and keeps our bank account safe.
1 person likes this
@Beestring (14675)
• Hong Kong
29 Oct 22
That's good. Changing password every six months is a security measure.
2 people like this
@RebeccasFarm (90294)
• Arvada, Colorado
29 Oct 22
I do use it and I do not often change the password.
1 person likes this
@Beestring (14675)
• Hong Kong
30 Oct 22
Yes, that's online banking or e-banking.
1 person likes this
@Beestring (14675)
• Hong Kong
29 Oct 22
It's good that you change your password every three months. I seldom visit the bank unless I need to make investments which require me to sign some documents.
1 person likes this