Business Online/Mobile Banking Product Analysis
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Business Online/Mobile Banking Product Analysis Online Banking Categories Report Overall Highlights: Online Banking ACH Online Module » 25 Institutions Surveyed Account Name ACH Initial Set-Up • 8 National Institutions, 13 Regional Institutions, Set Up Fee ACH Monthly 4 Community Institutions Monthly Charge ACH Fee For Credit How to Avoid Charge ACH Fee for Debit » Over 90 data points for each institution surveyed Business Online Banking Packages ACH Per File Online Banking - Basic ACH Returns » Easy side-by-side comparison Account Name ACH NSF/Overdraft Set Up Fee ACH Stop Payment Monthly Charge Same Day ACH Transaction Package Includes Same Day ACH per File Institutions included: Online Banking - Intermediate Wire Transfer Online Module Account Name Set Up Fee National: Set Up Fee Monthly Charge » Bank of America » Consumers Credit Union Monthly Charge Incmg Cust Non-Repet » Capital One 360 » Fifth Third (NEW) Package Includes Outgo Cust Non-Repet » Citibank » ESL Federal Credit Union » Chartway Federal Credit Union » Mountain America Federal Online Banking - Advanced Online Remote Deposit » Chase Credit Union Account Name Set Up Fee » Navy Federal Credit Union » Santander (NEW) Set Up Fee Monthly Charge » PNC » Union Bank Monthly Charge Deposited Item Fee » U.S. Bank » VyStar Credit Union Package Includes Max Deposit Per Day Regional: Community: Online Cash Management Max Deposit Per Month » America First Credit Union » CoVantage Credit Union Account Name Banking Alerts » Bank of West (NEW) » Four Corners Community Bank Set Up Fee Set Up Fee » BMO Harris » Max Credit Union Monthly Charge Monthly Charge » Citizens Bank (NEW) » Two River Community Bank » Compass Per User Email/Text Acct/Book Trans Alerts Security Token Services Available Replace Security Token A full list of all services included Online Banking “Services Bill Pay Available” Examples: Set Up Fee Monthly Charge » Financial Management Software » Remote Deposit How to Avoid Charge » Account Research/Account Activity » Set up ACH Payments Transaction Charge » Check Rates » Set up Email/Text Account Alerts Transaction Limit » Identity Theft Insurance/Protection » Stop Payment Service NSF/Overdraft Charge » Initiate Wire Transfers » Submit Credit Applications Stop Payment Fee » Locate ATMs or Branches » Transfer Funds between their own Processing Time » Make Credit Card Payment accounts » Make Loan Payments » Turn on/off Debit Card Cut-off Time » Online Check/Deposit Images » View Balances Expedited Fee » Online Statements » Plus any offered by the institution Positive Pay not already listed » Open an Account Monthly Charge » Order Checks or Debit Card Per Item Per Exception Item ACH Debit Block Monthly Charge Per Item 800.348.1831 | www.rate-watch.com Business Online/Mobile Banking Product Analysis Mobile Banking Categories Mobile Banking “Services Available” Examples: Mobile Banking Account Name » Financial Management Software » Open an Account Set Up Fee » Account Research/Account Activity » Set up Email/Text Account Alerts Monthly Charge » Bill Pay » Submit Credit Applications How to Avoid Charge » Change Debit Card Limits » Transfer Between Your Own Text Banking » Check Rates Accounts » Locate ATMs or Branches » Turn on/off Debit Card Set Up Fee » Make Credit Card Payment » View Balances Monthly Charge-1st Account » Make Loan Payments » Withdraw Cash from ATM Monthly Charge-Addtl Account » Mobile App » Plus any offered by the institution not already listed Monthly Charge-All Accounts » Mobile Remote Deposit How to Avoid Charge » Mobile Wallet (POS) Transaction Limit Fee Per Phone Line Supported Carriers Commands Mobile Remote Deposit - Business Set Up Fee Monthly Charge How to Avoid Charge Deposited Item Fee Max Deposit Per Day Max Deposit Per Month Mobile Wallet Set Up Fee Monthly Charge How to Avoid Charge Transaction Charge Transaction Limit NSF/Overdraft Charge Stop Payment Fee Processing Time Expedited Fee Mobile Wallet Vendors Services Available A full list of all services included 800.348.1831 | www.rate-watch.com.