uSwitch

uSwitch^® is an online switch kit makes it simpler for financial institution's customers to transfer all of their existing financial relationships - deposit accounts, loan accounts, direct deposits, automatic payments and credit cards- from other financial institutions over to your financial institution. This solution is offered integrated in the uOpen & uFund solution and as a stand alone online solution for existing customers to switch their financial relationships. It is also available as an integrated offering in the branch new account opening process to deepen relationships of new customers.

 

Financial institutions can simplify their customers' financial lives with the online switch, providing an easy method for customers to switch over their existing relationships and becoming the primary financial institution of choice. Customers can close any other financial accounts either by using the online switch kit from a personal computer or with the help from the branch or call center staff. They can switch any direct deposit transactions, such as payroll, pension, and/or social security payments going into other financial institution accounts and transfer any payments that are automatically deducted from his other account, such as utility, telephone, mortgage, or any other recurring deductions. Through uSwitch, customers can also switch loan accounts or credit card debt.

 

Financial institutions can encourage account transitions by setting up promotional offers with the uSwitch^® to encourage switching. In Addition, the financial institution can offer customers the ability to 'link' their outside financial institution accounts to their internal accounts, allowing them to transfer money from their outside accounts into his accounts at your institution on an ongoing basis, with uTransfer.

 

 

What relationships can you switch?

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