Banks are in the business of delivering trust — trusted advice on everything from money management to loans to mortgages or insurance. The PrivateVault service from EnterVault can be branded to your look and feel. We are able to support single sign-on, if you wish to place access to a vault behind your Internet Banking page or application.

Consider the ways a vault could be of benefit to your business:

Reduce operational costs:


• Deliver statements electronically, via email to a vault. (Retail Banking and Cash Managment)
• Distribute employee pay stubs and benefit information electronically, via email to a vault.(HR)
• Distribute loan documents to various parties via email to private vaults. (Commercial Loans and Mortgages)
• Use a vault to meet GLBA requirements associated with the handling of contracts within a purchasing department. (Purchasing)


Grow your direct deposit business:


• Bundle an online vault with a package of services offered to the employees of a commercial customer.
• The commercial customer can save money by distributing pay stubs and employee benefit information electronically to the employee's personal vault.
• The employee receives a set of aggressively priced banking services in exchange for accepting a direct deposit account and emailed e-statements to their vault.
• The bank grows its direct deposit account business, reduces its operational costs by delivering statements electronically and offers a unique program to its commercial accounts, helping that customer group reduce its operational costs.
• A free 10 MB vault can be bundled with this program; a fee can be charged when the customer adds more storage capacity to their vault.


Differentiate the bank to your high value and/or high net worth clients by offering a new "convenience service":


• The vault can serve as a secure, private email destination for sensitive or confidential correspondence between the client and their various professional service providers - a bank officer, a lawyer, a CPA...
• Offer to scan confidential or critical documents - trust documents, passports, securities, wills, contracts - and email to the client's personal vault.
• A free 10 MB vault can be bundled with this program; a fee can be charged when the customer adds more storage capacity to their vault.


Cash Management: Reduce operational costs


• Establish PrivateVaults for your cash management customers. Send daily sweep statements and check images to these vaults.
• Establish a PrivateVault with secure mail input for your cash management department. Have your customers send their ACH log files to your PrivateVault using the PV Secure Email input feature.


Branch Support


• Place a "scanner" with email output in branches; offer to scan confidential or ciritcal documents - personal financial/IRS documents, trust documents, passports, birth certificates, securities certificates, wills, contracts, insurance pictures - and email the scanned copies to the customer's vault. New scan/fax/copy machines from leading vendors are enabled to scan and email directly to an EnterVault vault. Position this service as a backup service in the event of disaster, with the added value of being accessible via an internet connection and browser anytime, from anywhere.