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.” Feature Overview In addition to turning business account management into a group activity for financial teams, the Team Members Feature brings a suite of advanced user-management tools and capabilities: Add and Manage Team Members : Easily invite colleagues and assign access to IBAN Accounts, Merchant Services, or Affiliate Accounts.
Team Members makes it easy for account owners to invite colleagues and assign access to IBAN Accounts, Merchant Services, or Affiliate Accounts. It also provides secure verification, making sure each new team member completes identity verification before getting access. One example could be in a large e-commerce business.
The funds are transferred directly between accounts and the account numbers are kept confidential. ACH bank transfers also simplify accounting since the bank is directly connected to the electronic fundstransfer. Also, unlike irreversible wire transfers, ACH payments can be returned.
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