Bank of America today launched new mobile
banking products and service enhancements including Mobile Check
Deposit, Person-to-Person Email and Mobile Transfers and Mobile App
Alerts. With these new offerings, Bank of America customers now have the
ability to completely manage their finances through their mobile device
– from depositing a check, to paying friends and family, to reviewing
balances and much more.
“Our customers are living in a more connected world and that extends to
their financial lives. This ‘always-on’ environment calls for more
convenience, control and flexibility, and we are providing it,” said
Aditya Bhasin, Consumer Marketing and Online and Mobile executive. “Our
new capabilities deliver the full bank in our customers’ hands.”
Check deposits go mobile
Bank of America’s new Mobile Check Deposit function allows customers to
deposit checks easily and securely without making a trip to the ATM or
banking center. Once customers download the updated mobile application
onto their tablet or smartphone, they can use the app to snap photos of
the check and follow a few simple on-screen instructions to complete the
deposit. Mobile Check Deposit is currently available on iPad® and
will be available in the coming weeks on iPhone®, Google
Android™ smartphone or tablet and Windows® Phone.
Sending money is easier than ever
Person-to-Person Email and Mobile Transfers allow customers to easily
conduct person-to-person transfers via online banking or a smartphone
using only an e-mail address or mobile phone number.
The new capability eliminates the need for customers to share personal
account information, providing stronger protection from identity theft
and making person-to-person transfers easier to complete.
Bank of America consumer customers only complete a one-time enrollment
in their online banking account. Then using online banking or the mobile
banking app, customers can send funds to persons with a U.S.-based bank
account from their Bank of America checking
account or savings
account without a fee.
Person-to-Person Email and Mobile Transfers is an enhancement to Bank of
America’s existing online banking person-to-person transfer service. The
new service is powered by clearXchange, the open payment processing
network owned by Bank of America, Chase and Wells Fargo. It is currently
available in the mobile app on iPad®, iPhone®,
Google Android™ smartphone or tablet, Kindle Fire™ and Windows®
Phone or via mobile browser in select states and nationwide by
mid-August.
Stay informed on the go
In addition to paying people and depositing checks on the go, Bank of
America has updated its mobile application so that customers can manage
account alerts via their mobile device. Through the added Mobile App
Alerts feature, customers can elect to receive push notifications of
these alerts on their mobile device, another convenient option to stay
informed about their accounts. Bank of America offers more than 50
alerts, including alerts for low balances, online card usage and
irregular card activity. It is currently available for iPad®,
and will be available in the coming weeks on the iPhone®,
Google Android™ smartphone or tablet and Windows® Phone.
Bank of America offers customized, downloadable applications for the
most popular mobile platforms, including iPhone®, iPad®,
Google Android™, BlackBerry®, Windows® Phone,
Google Android Tablet™ and Kindle Fire™.
In addition, Merrill Edge gives its customers access to downloadable
apps for iPhone®/iPod Touch®, Google Android™ and
BlackBerry® mobile devices. These apps give Merrill Edge
customers “anywhere/anytime” access to their investment accounts and
current market activity.
For more information on the new mobile banking enhancements, visit bankofamerica.com/mobilebanking.
Bank of America
Bank of America is one of the world's largest financial institutions,
serving individual consumers, small- and middle-market businesses and
large corporations with a full range of banking, investing, asset
management and other financial and risk management products and
services. The company provides unmatched convenience in the United
States, serving approximately 56 million consumer and small business
relationships with approximately 5,600 retail banking offices and
approximately 16,200 ATMs and award-winning online banking with 30
million active users. Bank of America is among the world's leading
wealth management companies and is a global leader in corporate and
investment banking and trading across a broad range of asset classes,
serving corporations, governments, institutions and individuals around
the world. Bank of America offers industry-leading support to
approximately 4 million small business owners through a suite of
innovative, easy-to-use online products and services. The company serves
clients through operations in more than 40 countries. Bank of America
Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial
Average and is listed on the New York Stock Exchange.
For more Bank of America news, visit the Bank
of America newsroom.
www.bankofamerica.com
Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith
Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center
(investment guidance) and self-directed online investing.
Banking products are provided by Bank of America, N.A. and affiliated
banks, Members FDIC and wholly owned subsidiaries of Bank of America
Corporation.
www.merrilledge.com
Investment products:
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Are Not FDIC Insured
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Are Not Bank Guaranteed
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May Lose Value
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© 2012 Bank of America Corporation. All rights reserved.
