NatWest launches international online banking

Accounts can be viewed in multiple currencies

The new platform has increased security

NatWest has launched an internet banking platform for international customers.

The service will allow customers to view account balances and transfer funds between accounts in multiple currencies.

Security is a key feature of the system, according to the bank.

'We recognise that online security is a key concern in today's society and the ibanking system gives customers the reassurance they need when making transactions and controlling their finances,' said head of internet personal banking Julian Gouge.

NatWest has signed up nearly 10 per cent of its offshore customers to the international ibanking service. And seven out of 10 say the system makes them more confident about banking online, says a survey.

The platform enables customers to confirm banking instructions using a smartcard and card reader.