Online UK bank First Direct has launched an iPhone, iPod touch, and iPad app that lets you view your statement but also carry out some simple transactions too. Other UK banking apps are limited to viewing your account statements which is a handy feature to have; First Direct has taken it a step further.

The app will allow you to view your balances and your last 20 transactions, make transfers between your accounts but most importantly, make payments to other personal accounts or organisations. To use the service you must already be a registered First Direct internet banking user and payments can only be made to those accounts that you have setup online already.

The app is very clean and simple to use and utilizes the same passwords as your online account. First Direct say the level of security is the same as when you log on at The app works with iPhone, iPod touch and iPad running iOS 3.1 and above and is a free download.

Would you use an app like this to keep on top of your finances? Is security too much of a concern? Let us know in the comments!

[iTunes Link]