A2A On-Demand Transfers

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A2A On-Demand Transfers is a time-tested and secure ACH transfer solution. Today’s consumer is seeking convenient payment tools, ease of use, and around-the-clock access.

Magic-Wrighter’s consumer-facing web portal allows account holders to self-manage all their ACH transfer activity. Financial institutions have full administrative control over access to On-Demand Transfers via a simplified approval process and monitoring tools. This standalone platform delivers feature-rich capabilities without the need for a costly integration project and can be up and running in a matter of days.

Benefit from:

  • More flexible transfer options for consumers
  • Team access to detailed reports that can be audited

ACH On-Demand Transfers

  • Designed for self-service, we provide all the tools consumers need to perform one-time or recurring ACH transfers.
  • A2A funds transfers can occur between accounts owned by the consumer or between one person and another.
  • An online profile for consumers to request approval for adding new accounts eliminates much of the operational inefficiencies in legacy systems.
  • Direct account-level ACH posting for consumer deposits occurs as soon as the next business day. This is a fully automated process that eliminates manual internal account transfers and file imports.
  • Enhance your account relationships and improve your retention and overall account satisfaction.

Administrative & Security Controls

  • Take advantage of real-time account monitoring, daily reporting, and account-level risk controls.
  • The admin portal allows financial institution staff to originate transfers on behalf of consumers (PPD).
  • Approve consumers for access to On-Demand Transfers, including establishing individual risk limits.
  • Records maintenance functionality gives your institution full control over each consumer account activity.