Deposits
Consolidate all deposit solutions with no dual entry or interfaces
Account Origination
Consistent experience across application process
No dual entry or interfaces
Part of core
Paperless bank with eSign capability
Signed documents automatically sent to customer and
directly integrated to document imaging and filing
Dynamic account origination workflow
With dynamic document generation
Additional Services:
- 100% compliant forms
- Account verification as part of AO workflow
- OFAC verification as part of AO workflow
- Source of Funds tracking for corporate accounts
“This software saves me hours and automatically updates customer data in the core.”
Laurie Leighty · SVP
American Riviera Bank
California
IRA
Simplify IRA tax reporting, tracking and beneficiary inquiries
Automated EOY tax reporting
Dedicated report tracking and online inquiry for beneficiaries
Dedicated report tracking for disbursements
Minimum disbursement calculator
Online Inquiry of IRA Plan limits
HSA
Provide consumer and business health-related banking solutions
Debit card capable
Online inquiry of
all HSA Plan Limits
Dedicated report tracking
for excess contributions
Automated EOY
reporting
ACH
Process ACH transactions cost-effectively and in real-time
Integrates with internet banking cash management
All records automatically brought into Core
Bank controlled fraud parameters
By company and by account
Require single or dual approvals
By company and by account
OFAC performed on all records
Including “bad people” list and “not allowed” accounts
Online inquiry
For all warehoused items
Wires
Automate workflows, satisfy requirements, ensure security
Support International and Domestic wires
Integrates with IB cash management
All records automatically brought into Core
Require approvals on bank defined dollar limit parameters
Includes email notification to approvers
OFAC requirements
Performed on all parties involved in the wire record
Bonus & Rewards Checking
Manage bonus interest rates, cash rewards and transaction criteria
- Pay bank defined bonus interest rates on an account
- Set parameters to define how customer earns bonus interest rate
- Tier and step tier bonus interest rates
- Refund ATM surcharges when bonus interest rate is met
- Ability to give the customer a cash reward based on debit card usage each month
- Bank defined transaction criteria to earn the reward amount
- Can define multiple reward groups
Round-up Debit Card Rewards
Streamline POS rewards and transfer to saving accounts
Round Point-of-Sale transactions up to the nearest dollar
Round up accumulative totals
Transfer funds to savings account
Account Analysis
Simplify IRA tax reporting, tracking and beneficiary inquiries
Tie multiple accounts together
Facilitate combined analysis
Credits offset charges
Can be set up as recurring
Flexibility for different earnings credit calculations
Calculated by a rate, amount per basis, fed fund rate or overdraft rate
Option to have interest paid subtracted
From the amount of the calculated earnings credit
Rate Relationships
Simplify IRA tax reporting, tracking and beneficiary inquiries
Combine multiple relationships into one group
- Including consumer and commercial accounts
Examine performance of all accounts in group
- Determine the interest rate for those accounts
- Bank provides rate for account individually, as needed
Automatically figure rate changes
- Based on account rate type
Combined Statements
Simplify statement processes for ease of use
Tie multiple accounts together
Produce easier-to-use single statements
Sweeps & Transfers
Improve margins while serving customers with securely managed sweeps
- Schedule transfers on a pre-determined basis
- Do internal and external transfers
- Handle cross-application transfers
- Set up multi-tiered, bi-directional sweeps
- Allow accounts to maintain minimum and maximum balances
- Set up and maintenance of new sweeps or transfers
Overdraft Protection
Manage overdraft banking with defined parameters
Gain the ability to set overdrafts
Into managed LOC
Bank defined parameters
For how LOC will function
Overdraft Privilege
Proactively manage ODP with set criteria and automated workflows
Set multiple groups
Includes email notification to approvers
Automate activation based on set parameters
For new and suspended accounts
Dedicated daily reporting
For tracking ODP accounts
Send automatic customer letters and notices
Track customer opt-in information
