Financial institutions are competing for deposits and competition is strong as many customers hold accounts at multiple financial institutions.
MemberDirect Me-to-Me Transfer allows your customers to link to external accounts through your online banking website to make transfers. Simultaneously, it is a deposit-attracting feature that positions you as the primary financial institution for your customers.
With MemberDirect Me-to-Me Transfer, your customers can:
Move money into their account from an account at another financial institution
Send money from their account to one at another financial institution
Fund new accounts from external accounts if supported by the banking system
Customers can link external accounts to conveniently transfer funds between financial institutions