Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Barclays W&I launches mobile banking app

Barclays W&I launches mobile banking app

Barclays Wealth & Investment Management (W&I) has launched a mobile banking application for its UK high net worth clients. 

Barclays Mobile Banking (BMB) has so far been rolled out to retail and corporate banking clients, and will now be available to all UK high net worth private banking clients with a UK sort code and mobile number. 

The app can be downloaded to iPhone, Blackberry, Android, Windows Smart-phone or iPad.

The launch follows Barclays' decision to launch a voice biometrics system for its high net worth clients, which will be extended to corporate and retail clients by early 2015.

Anne Grim, global head of client experience at Barclays Wealth and Investment Management, said the app had been launched in recognition that customer behaviour is changing.

'Almost half of all consumer lending in Barclays last month was transacted by customers using mobile applications, with over 2.4 million customers regularly choosing this approach. By leveraging our retail platform and bringing the ease, speed and practicality of mobile banking to UK high net worth clients, we are committed to providing an enhanced client experience,' Grim said.

Clients will be able to use the application to check their personal bank accounts, overdrafts and existing mortgages. They will also be able to transfer money and pay bills.

Once a client has made a payment via the Wealth Online Banking web portal, the payee’s account details will be automatically saved in their Barclays Mobile Banking Application. Clients will also be able to report lost or stolen debit cards.

The bank said it will also look to roll out the services to international clients.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Play Europe bulls, a retail boost and why a little inequality can be a good thing

Europe bulls, a retail boost and why a little inequality can be a good thing

This week’s Investment Pulse looks at whether investors should be bullish on Europe, the surprise rise in UK retail sales and if a little inequality is a good thing.

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter