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NAB releases Android banking app

National Australia Bank (NAB) has quietly released its mobile banking application to the Android Marketplace today, allowing users of the Google operating system to bank on the go.

National Australia Bank (NAB) has quietly released a mobile banking application to the Android Marketplace today, allowing users of the Google operating system to bank on the go.

NAB's mobile banking app for Android

NAB's mobile banking app for Android(Credit: Luke Hopewell/ZDNet Australia)

According to the application's page on the Android Marketplace, customers can use the free app to transfer funds, pay bills, check account balances and transaction histories and view their Online Trading share portfolio. The application also includes a branch and ATM locator, as well as a foreign-exchange calculator.

The application is protected by 128-bit encryption, but recommends users regularly clear their cache as it may inadvertently store copies of web pages containing customer bank details.

NAB has disabled the ability to add new payees directly from the application and cut off activities that require SMS security code authentication.

The bank declined further comment regarding the development process of the application.

St. George was one of the first of the big banks to issue an application for Android customers this year, however it has received an average user rating of one out of five stars.