Bank of America Merrill Lynch today announced its upcoming addition of document exchange and e-signature capabilities in CashPro® Assistant, an online bank administration tool that helps commercial and corporate clients more easily conduct standard account management transactions as well as access and analyze their banking information.
Exchanging documents and enabling electronic signing over the authenticated CashPro platform simplifies a cumbersome paper-based process. Examples of documents to be exchanged and signed include know-your-customer, legal agreements, account opening and service forms.
“CashPro Assistant is the center for all data, support and account administration for our clients globally,” said Hubert J.P. Jolly, head of financing and channels for Global Transaction Services (GTS) at BofA Merrill. “With the introduction of document delivery and electronic signing over CashPro Assistant, clients will benefit from the ability to exchange larger attachments and ease of electronic signing, through a channel with security controls to which they are accustomed.”