As summer approaches, many of you are preparing to spend the season away from Florida, enjoying cooler temperatures in your home states. While packing your bags and planning travel routes are important, it’s just as essential to ensure your finances are in order before you go. With a little preparation, you can bank with ease no matter where summer takes you.
Online and Mobile Banking: Your Financial Lifeline on the Go
Before you leave, log in to your bank’s online or mobile banking platform and ensure you’re comfortable using its features. If you haven’t already enrolled, now is the perfect time to sign up!
With online and mobile banking, you can:
- Check your account balances anytime, anywhere.
- Pay bills securely without mailing checks.
- Deposit checks remotely using mobile deposit.
- Transfer funds between accounts as needed.
If you need assistance, stop by FineMark and we can help set up your online banking and mobile app to make sure you’re set before heading north.
Update Your Address and Contact Preferences
If you receive important banking documents by mail, consider updating your address for the summer months. Another, often safer option, is to switch to paperless statements to avoid delays and identity theft.
Additionally, make sure your phone number and email address on file are current. That way, if there’s ever an issue with your account, it will be easier to resolve.
Set Up Automatic Payments and Transfers
One of the best ways to ensure your bills are paid on time is to set up automatic payments before you leave. Whether it’s for utilities, credit cards, or insurance, automating payments can give you peace of mind while you’re away.
And, if you need to move money between accounts, consider scheduling automatic transfers so funds are available when you need them.
Monitor Your Accounts for Security and Fraud Protection
Traveling can make you more vulnerable to fraud, so it’s important to monitor your accounts regularly. FineMark offers real-time fraud alerts, notifying you of any unusual transactions or login attempts.
To enhance security, consider:
- Enabling multi-factor authentication (MFA) for added protection when logging in.
- Setting transaction alerts so you’re notified of large purchases or account withdrawals.
- Using a VPN (virtual private network) when accessing banking sites from public Wi-Fi networks to protect your personal information.
If you suspect fraud or unauthorized activity, contact your bank immediately to take action.
What to Do Before You Leave
A quick visit to FineMark on the Island before your trip can help prevent financial hiccups while you’re away. Here’s a checklist to keep in mind:
- Notify your bank of travel plans to prevent security blocks on your debit or credit card.
- Review account access and make sure trusted family members or a financial power of attorney have the permissions they need if necessary.
- Check on beneficiaries and update them if needed.
- Discuss financial needs especially if you’ll be handling large transactions or need assistance while out of state.
By taking these simple steps, you can enjoy a stress-free summer knowing your finances are in good order. Safe travels, and happy summer banking! We look forward to seeing you upon your return.
