Account Inquiry

Account Inquiry

A request by an outside party to access the records of an account. For example, a credit agency may make an account inquiry to a credit card company to determine whether an account holder pays his/her bills on time and in full. Account inquiries are important in the risk analysis of individuals; however, too many account inquiries can lower one's FICO score.
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The solution also offers document sharing with advisors and clients and comprehensive client search and reporting, account inquiry and book of business analysis, all on a global multi-language and multi-currency platform.
It has offered a portfolio of financial services including account inquiry, transfer and remittance, investment and wealth management, bill payment, credit card service and manual consultation by leveraging advanced and intelligent interactive voice response (IVR) and intensive 95588 CSRs.
The list of services that can be offered through Iris Omnichannel Platform ranges from simple functions like account inquiry to advanced functions like bill payments and funds transfer, thereby extending the convenience of self-service banking.
Features such as extended account inquiry and deposit and account transfer functions for a wide variety of account types, have helped to free tellers for richer and more detailed conversations with credit union members about their banking and financial needs which can be a prerequisite for cross-selling or up-selling and serving banking customers in an omni channel banking environment, he said.
The bank's customers can access online banking anytime, anywhere, by using their Internet Banking user ID and Password with this new mobile application, availing services including Account Inquiry, Account Transfers, Utility Bill Payment, Credit Card Services and much more.
With this new mobile application, customers can access services including account inquiry, account transfers, utility bill payment, credit card services and more.
“M1 Advanced Financial Reporting has numerous benefits; it combines reporting, account inquiry, and journal inquiry into one application as well as eliminates the need to download or re-key/export spreadsheet data,” says Daniel Noonan, Managing Director of ECi M1.
Prior to our relationship with uMonitor, a prospective new account was required to complete an online account inquiry at their institution s website, often not receiving a response or activation until the following day, said Jack Fullen, CEO of Beacon Software.
The new implementation would help the bank provide services such as account inquiry, funds transfers, bill payment, chequebook request and stop payment orders.
But this year it started to repatriate many of the frontline customer account inquiry services that had been sent to India after frustrated customers started to close accounts.
Account inquiry: To request a transcript of a taxpayer's account or confirm payments of estimated taxes or refunds.
While a typical account inquiry can easily be managed by most speech applications, and probably faster than a live agent pulling the same information, it cannot sufficiently address complex billing inquiries or product questions.