For online savings accounts like emigrant direct/ING, what sort of proof do we have to show the money in our bank accounts.
Are these just a website after all. Are printouts of e-statements,all we can get .
2006-09-13 11:12:55 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You have your account number. If you kept them, you have records of the money you deposited into that account. Like the other person said, you can save or print out your e-statements (not a bad idea to at least save a copy on disk), and you can get printed statements. They will send you a 1099 form at the end of the year. The two banks you mentioned are reputable, ING at least is a large publicly owned company, and they have FDIC insurance.
When you think of it, that's not very different from your local bank. So, I think you can sleep well.
2006-09-13 18:25:41 · answer #1 · answered by Y Answerer 6 · 0⤊ 0⤋
I have an ING Direct account and have never had a problem with it. You can choose to receive a statement in the mail if you want and they will mail you a statement at the end of the year for your tax filing purposes
2006-09-13 23:22:45 · answer #2 · answered by aint_a_player_no_more 2 · 0⤊ 0⤋