Banking News October 2021: Mortgage and recurring mobile payments

As every month, we now bring you a summary of the most interesting things that have happened in the Slovak banking sector lately.

Digital mortgage via mobile application

Clients of 365.bank can apply for a digital mortgage directly via the mobile application. The design of the bank was based on client feedback obtained in the survey. According to the results, it proceeded to the creation and sequence of individual steps in order to ensure the best possible clarity.

The calculator calculates how much the client will pay at the required mortgage amount. He can compare the possibilities of individual fixations, the amount of monthly installments and set the loan exactly according to his own ideas.

He then fills in the necessary information about himself, which relates to employment, income, number of children and the like. The bank will then generate or be entitled to a modeled loan, or propose another offer. In the end, the client chooses the preferred branch of the bank, where the approved loan is completed.

A digital mortgage can also be used to refinance a loan, where the 365th bank repays the early repayment fee at another bank. Along with the digital mortgage, the bank also launched a remuneration system, within which clients can recommend a mortgage in 365th bank to their friends. As soon as they draw the loan, both parties will receive 150 euros each.

Manage recurring payments with your smartphone

MBank clients have new possibilities in the application. Now they can completely manage their recurring payments via smartphone. They can create a new, edit or cancel an existing standing order. They no longer have to sign up for internet banking, they handle everything using a mobile phone.

News has also been added in the possibility of one-time payments, which clients can not only delete but also edit. This way, they can manage their finances more comfortably.

The mBank application offers a virtual card

MBank clients can set up an eCard in the application or internet banking. This is a virtual card that is intended for online payments. Thanks to it, clients can pay online without worries. A virtual card is a special type of card that only exists in a mobile application or in internet banking. As it is not a classic plastic card, it cannot be stolen and there is no need to wait for its physical delivery by post.

MBank clients can request an eCart directly in the mobile application or in internet banking. Once approved, the application is immediately ready for use. Its establishment and use is free.

Multi-page document uploading and multi-person contract signing

VUB Bank recently came up with these news. After the new one, the client can use the multi-page scanning function of documents and also edit them. It can create a PDF document from the captured files. Multi-page scanning consists of three screens:

• On the 1st screen, the client takes pictures of the required documents
• He can edit them on the 2nd screen
• He can move the documents on the 3rd screen

After the new one, it is possible to sign contracts with several persons, but the basic conditions must be met. Persons must exist, be established in the bank’s system and have a Nonstop banking service with at least one security element. Signing with more than one person is useful, for example, when modifying accounts for several owners, selling VUB loans for more people, servicing VUB loans and the like.

Login gift

ČSOB banka clients can participate in the competition, which lasts until December 5, 2021. All you have to do is log in to the ČSOB SmartBanking or Mobil banking mobile application and they can be included in the draw for e-vouchers worth € 15 for purchases in the Alza.sk online store. For the first time during the competition, the ČSOB Foundation donates 10 cents to the Children’s Cardiac Center in Bratislava.