Transferring Funds and Scheduling Transfers
Posted on: October 30, 2008
Posted in: All Videos Channel, CU*Answers University
Now your members can use It’s Me 247 Online Banking to transfer money between their credit union accounts and their accounts at other financial institutions! Account-To-Account (A2A) transfer capabilities are now available both in CU*BASE and via online banking. We have developed an interface to a third-party partner, Magic-Wrighter, which uses the ACH system to handle the movement of funds.
In a nutshell, members work with an MSR to set up relationship account records in CU*BASE that include all of the details about their accounts at other financial institutions. Then members can use
It’s Me 247 online banking at any time to initiate transfers (deposits and withdrawals) between their credit union accounts and their accounts at other FIs. A similar feature in CU*BASE Phone Operator lets call center staff assist members with A2A transfers as well.


del.icio.us
blinklist
digg
Facebook
Furl
ma.gnolia
Newsvine
Pownce
reddit
StumbleUpon
Technorati
Twitter
