Frequently Asked Questions

What is Magna Bank's Mobile Banking?

Magna Bank's Mobile Banking is an easy way to access eligible Magna Bank accounts from anywhere, at any time, using your mobile phone. You can use our App to view your account balances and activity, transfer money between accounts or pay bills. You can also text us to recieve up-to-date balance information.

What accounts can I access with Magna Bank's Mobile Banking?

You can access information from your Magna Bank primary checking and savings accounts that are tied to the same Magna Bank ATM or debit card.

Should I have a certain mobile carrier or phone to use Mobile Banking?

Our Mobile Banking service is available on most major mobile carriers. To review the full list of participating mobile carriers, please visit www.monitise.com/carriers.

Is Magna Bank's Mobile Banking secure?

Yes. Developed with some of the foremost banking security companies in the world, Magna Bank's Mobile Banking keeps your information safe and secure with the following features:

  • We offer a secure online registration website
  • No personal or sensitive information, such as account numbers or passcodes, will ever be stored on your mobile phone.
  • You select a unique passcode for the App that is different from your PIN number to access Mobile Banking.
  • Mobile Banking uses multiple levels of encryption to protect your personal data, including your unique passcode.
  • The App identifies your phone each time you conduct a mobile transaction.

How much does it cost?

There is no fee to use Magna Bank's Mobile Banking. Your mobile phone carrier may charge a fee for data access or text messages. For details about these charges, please check with your mobile carrier.

Does the service work on my iPhone?*

Yes, Magna Bank's Mobile Banking has an App for the iPhone. When registering for the service it will ask if you use an iPhone and then will guide you through downloading the Mobile Banking App.

*iPhone is a trademark of Apple, Inc.