If you’ve never thought about enhancing your DDAs with overdraft protection, here are five reasons to change your mind.
We offer a complete solution to adding overdraft protection to DDAs, enabling you to enhance your service and generate incremental revenue.
Our eligibility management engine automatically verifies that your customers qualify for overdraft protection even when their financial situations change. And, to avoid your customers becoming chronic overdrafters, we track their activity and reject overdrafts in excess of four per month.
Overdraft reporting is included in Galileo Advanced Analytics, so you have the information you need when you need it.
Customers aren’t charged fees unless their overdraft exceeds $10, and if they find themselves in an overdraft situation, you can determine a grace period to replenish the funds before they incur a fee.
Your overdraft program is configurable to your requirements, including the fees you charge and how those fees are charged.
Checking with Overdraft: Galileo does that!