Personal Lending departments must be able to respond immediately to customer requests for loan documentation, answers to questions and terms. eFileCabinet provides the ideal platform from which to search and instantly find the correct loan agreements and terms. Secure Drawer, included with eFileCabinet, provides a secure portal to send documents to customers electronically. Every year banks are fined millions of dollars for failure to comply with regulations as it pertains to documents. In 2014 alone US and European banks were fined a total of 65 Billion dollars. The majority of these fines revolved around banks inability to locate and provide proper documentation. eFileCabinet solves this very expensive problem.
eFileCabinet is the ideal solution for Banks and Credit Unions to manage and locate all documents in their personal lines and loans departments.