ING Direct

Wouldn't it be great to manage your savings anytime you want? You won't have to go through all the hassle of going to bank branches just to do transactions. ING Direct lets you do just that. ING Direct launched in Australia in 1999, pioneering branchless banking. It has grown a lot since then and been such a success that it is now the sixth largest retail bank in Australia. ING Direct boasts of over a million customers, around 30 billion AUD in loans, and approximately 20 billion AUD in deposits.

ING Direct Australia's operations are under the regulation of a federal government regulator, which is the Australian Prudential Regulation Authority. Aside from that, ING Direct also has an Australian banking license. ING Direct has more than 750 people as its employees and its headquarters is located in Sydney.

ING Direct also conducts business with over 20 million customers in Spain, Italy, Germany, Austria, United Kingdom, Canada, France, and the United States, making it the leading direct bank in the world. ING Direct also plans to stretch its services over to Japan, which will surely strengthen its position as the world's leading direct bank.

If you're worried about their services, you need not fret. ING Direct has high ratings in customer satisfaction and is dedicated to providing excellent customer service. In 2003, 2004, and 2005, it was also awarded Best Foreign Bank by the Australian Banking and Finance Magazine.

Among the products offered by ING Direct is the Savings Maximiser, which is an online savings account. This is a really great option for those who are busy and don't have the time to go to bank branches. You can always access your savings by doing Internet banking or phone banking. Your money is also invested securely as evidenced by the fact that ING Direct's Standard & Poor's credit rating happens to be AA.

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