The interbank transfer system known as ACH is now called Uni. Service is available to all customers with checking and savings accounts. </p><div>
<p>Nine banks and a savings society and <span style="color: #0000ff;"><strong>credit </strong></span>affiliated to the Salvadoran Banking Association (Abansa), they relaunched this Friday the platform with which current and savings account customers can make <span style="color: #0000ff;"><strong>online payments </strong></span>and rapid transfers between one financial institution and another.
The Interbank Electronic Transfer Service (SITE), which was born in 2010 but began operating until 2011 through the Automated Clearing House (ACH), changed its trademark and since yesterday it is known to be called Uni.
System affiliates will develop a Uni promotion campaign; However, it is clear that the benefits remain the same.
And, in simple terms, for a small amount per transaction, banks allow their customers to use their digital platforms and channels to make money transfers, loan payments, credit cards, commissions, payroll, pensions, taxes, suppliers, insurance, colleges or universities to accounts of other banks participating in the system.
According to the authorities, this new image of the interbank transfer service “seeks to position a united bank in innovation and in empowering the consumer” and allow customers to make transfers and payments online between one bank and another “within reach of one click ”, at any time of the day and from anywhere.
For almost a decade, the now called Uni system allows customers of checking and savings accounts to access their own and third-party accounts between different banks, replacing the need to use cash and checks to make transfers between bank accounts.
The general manager of ACH El Salvador, Roberto Monterrosa, explained that although the system is not new, the relaunching and changing of the commercial brand comes from the need to remind customers of the multiple benefits of this service.
For people, for example, it provides a convenient payment alternative that replaces the need to move to a bank, use cash or check. In addition, Monterrosa said, it confers security, efficiency and effectiveness in payment processes; It allows access to accounts of other banks or financial institutions and reduces time spent on procedures.
Likewise, companies generate savings in operating expenses and administrative costs for the reconciliation of accounts; accelerates access to funds for commercial operations; It favors the implementation of new forms of payment, improves business relationships with other companies and suppliers and even reduces the issuance and handling of stationery.
Monterrosa insisted that "people are no longer using checks," since it is estimated that so far about 27% of all transactions made in El Salvador equivalent to checks were processed through the Uni system.
In fact, the use of the platform grows at an average of 75% and in the first eight months of 2019, Uni has already processed between $ 3,800 and $ 4,000 million in transactions and payments between banks.
“We have been working and operating this service for all bank customers. It is the way and innovation of electronic payment systems. We tell them that they can make their transfers and payments just a click away so that what moves is money and not you, ”Monterrosa said.
The president of Abansa, Raúl Cardenal, reiterated for his part that “this service comes to make life easier for banking users in the sense that they can transfer funds, make payments to their credit cards and loans between banks without moving” .
Ten questions about Uni
What is Uni and how can I get the service? Uni is the platform with which a client of a bank A can transfer money or make payments to an account of a bank B. To contract the service or know if it is already active, the interested party should consult the bank where he opened his checking account or savings.
How much does it cost and who pays it? Each bank participating in the Uni system has its own conditions for this service, depending on the type of account and customer profile; however, according to Monterrosa, the maximum cost can be $ 1.50 per transaction and is paid by the owner of the home account.
What can be paid through Uni? Most of the participating banks make available to customers products and services such as money transfers, loan payments, credit cards, commissions, payrolls, pensions, taxes, suppliers, insurance, schools, universities, etc.
Is there a money limit or number of transfers? There is no transaction limit, but the conditions will depend on the customer profile. The cost per transaction does not depend on the amount of money; that is, the same will be charged if you transfer $ 10 or $ 1,000 from one bank to another.
Where is it made and how long does it take?The Uni system is available every day at any time through the digital platforms of the participating banks. Payments and transfers take 2 to 5 hours maximum and are made three times a day, at 1:00 pm; 4:45 pm and 6:00 pm.
What benefits does using Uni offer? In short it is a convenient payment alternative. The funds are available three times a day, confers security and eliminates the risk of using cash or checks and allows people and companies to save time and money on transfers and administrative costs.
Who can hire the service?All those customers of banks that have checking or savings accounts (including simplified savings). The Agri, Credomatic, Citi, Cuscatlán, Davivienda, G&T Continental, Promerica, Industrial, Scotiabank banks and the Multivalores savings and credit company are affiliated with the Uni system.
How much is this platform used? The Automated Clearing House (ACH), also called ACH El Salvador, ensures that both companies and individuals already use the system. It is estimated that each year, the number of transactions and money mobilized grows by 75%.
Who makes the transaction and who receives it must have contracted the service? Not necessarily. The owner of the money source account must have the interbank transfer service activated; however, it is not a requirement for the account that receives it. What is that both must have checking or savings accounts.
Why some of the operations cannot be specified? It only happens in cases where the owner of the source account is wrong in the account number, when the bank account that receives the money is closed or has a dispute or when the account cannot receive it.
</div></pre>
Source link
https://m.elsalvador.com/eldiariodehoy/bancos-relanzan-plataforma-de-transferencia-y-pago-en-linea/642093/2019/
