The building society’s FlexAccount holders will be able to obtain details of their balance and a list of their previous five transactions via a weekly or monthly text alert on their mobiles. Customers with a joint account can also employ the service.
Jim Willens, retail operations director, Nationwide, commented: Our new text alerting service offers another convenient way for members to manage their finances. We have found that our members are very interested in this new service as it is free, convenient and saves them time.
Nationwide joins Lloyds TSB in taking advantage of the popular mobile phone industry after the latter initiated its text alert service for its online banking customers back in December, becoming the first bank to offer the service to its business customers.
