If you do alot of online banking with Bank of America you may have noticed several blurbs about their upcoming service for mobile phones. I know this has been a sore point in many peoples sides for some time. Well, they now launched their new Mobile Banking service to enable its customers to manage their personal finances on the go. Best of all it is free!

The new BOA's new service gives users an ability to check balances on their accounts, mortgages and home equity lines, pay bills, and transfer money between accounts and to other customers of the bank. One of the key issues with mobile banking is security, and Bank Of America promises highly secured environment for all mobile transactions — customers are protected with the bank's SiteKey security service, as well as its Zero Liability Online Banking Guarantee.
To access Mobile Banking, customers simply go to the web browser on your mobile phone and enter www.bofa.mobi. Once on the site, customers enter their Online Banking ID and passcode to access their accounts. For more information and the terms of service head here.