On Demand Transfer

Magic-Wrighter's On-Demand Transfer (ODT) program allows the personal account holders of your financial institution to transfer funds out of accounts they have located at other Financial Institutions into accounts located at your institution.

How does it work?

Your account holder logs onto your web site (one will be furnished if you do not have a web site). Your customer is hyper linked to Magic-Wrighter's ODT secure web server. First time users must complete and submit a Transfer Request Application for each new transfer.

Your staff is electronically notified of the Pending Transfer Application. Funds cannot be transferred until your staff has reviewed, approved and assigned a maximum daily transfer limit.

Your account holder is immediately notified via email when their Transfer Request Application has been accepted. After notification has been received account holders can begin sweeping funds out of other financial institutions into your institution.

Future transfers are performed by your account holders at anytime, without further interaction with your staff, after your staff has approved the first time users for a daily limit.