Personal banking service Simple announced that it has improved its funds transfer experience through a partnership with The Bancorp Bank. Simple said it now works better with external accounts, allowing users to conduct fee-free fund transfers in and out of their accounts.
“To provide this service, we connect to the Automated Clearing House (ACH) network through our bank partner,” Simple said in a blog post. “We generate our customers’ ACH transfer files and manage any transfer issues that might arise.”
Read the media outlet’s full overview of the new update here.
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