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natwest launches banking app

30 Sep 13

NatWest has launched a free banking app for international and local clients holding accounts in the Channel Islands, Isle of Man and Gibraltar.

NatWest has launched a free banking app for international and local clients holding accounts in the Channel Islands, Isle of Man and Gibraltar.

The app is being launched through the bank’s International Personal Banking (IPB) arm and is available exclusively to owners of the iPad and iPad mini devices – which the bank claims are now owned by one third of its expat customers.

A spokeswoman added however, that the bank was looking to optimise the app in the future "so that it would be compatible with all tablets".

The bank said that, for the first time, the app has been designed to give clients a single view, via a single log in, of both their currency and sterling accounts.

The service also enables all currency account users to check their balance, view recent transactions, search historic transactions, and provide feedback, according to NatWest, while sterling account users benefit from extra services such as transferring funds between accounts and making bill and third party payments.

The bank said that, for security reasons, the app can only be accessed from the user’s iPad using their individual passcode and only one person can register per app.

The bank added that it regularly runs tests, updates and validates its security model to ensure the app maintains a banking grade level of security.

Dave Isley, head of NatWest International Personal Banking, said: “We are increasingly seeing changes in the way our clients manage their personal finances and this app hopefully goes one step further in providing them with a free, quick, convenient, secure, and easy-to-use way in which to do this.”

Tags: Natwest

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.