online banking.

I don’t like taking an anonymous number and waiting in line for my turn to be served. I absolutely hate the hassle of driving out, finding a parking space and dealing with counter staff. My one year in Glasgow taught me the joys of online banking and never having to deal with infuriating counter staff at banks. The main reason why online banking hasn’t really caught on in Malaysia is because many people feel insecure carrying out sensitive transactions through the internet. My parents and sisters for one, refuse all attempts to convince them to carry out their banking online.  Despite this, when I came back, I decided to shift all my banking matters and sundry administrative matters online since I anticipate that once I start working, I will have precious little free time none of which I wish to spend waiting in line. I believe that the online banking system is secure enough as long as simple security measures are taken such as always logging out from your account, never clicking on email links etc etc.

Apart from my bank accounts, my Public Mutual accounts and EPF accounts are now online. The procedure for application of an online account are similar for all of the above. First, go to the counter/ATM machine to get an activation code after which you can register online at the respective websites for the online account.

At present, all my affairs are in order. Yet another phone call to Encik Osman this morning produced no news about my posting status. I expect it will be out next week. So I wait.