Deposit Anywhere

Westminster Savings is the first financial institution in Canada to introduce new mobile banking service

New Westminster, BC, April 15, 2013 – Westminster Savings is introducing a free new service – Deposit Anywhere™ – that allows customers to deposit cheques securely using the camera on their iPhone, iPad or iPod from wherever they may be. Westminster Savings is the first financial institution in Canada to launch this type of service.

“People are very busy these days and often rushed, and Deposit Anywhere helps our members Achieve better balance by making it simple, easy and convenient to safely deposit cheques anytime from anywhere, all without visiting a branch or an ATM,” said Ed Brett, Assistant Vice President, Product and Channel Management. “It’s like having a Westminster Savings branch wherever you happen to be.”

Starting April 17, customers can use Deposit Anywhere when they download the free Westminster Savings mobile banking app from the Apple App store or iTunes. This innovative new mobile banking service turns a time-consuming day-to-day banking task into a secure, simple and convenient transaction, whether it is a small business owner who receives multiple cheques daily or a customer who only deposits the occasional cheque.

Despite the growing trend towards electronic payments, many people and businesses still rely on cheques as a preferred method of receiving money, particularly small businesses. According to the Canadian Payments Association, cheques represent almost 40% of the value of payments in Canada.

Deposit Anywhere is part of Westminster Savings’ mobile banking app that also lets members use their smart phone to securely:

  • Pay bills
  • Transfer funds
  • Schedule transactions
  • View their account balance and history
  • Get alerts when their balance is low or when there’s been activity on their account
  • Locate nearby branches
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    About Westminster Savings

    Headquartered in New Westminster, Westminster Savings Credit Union provides a full range of retail, commercial and wealth management services, plus vehicle and equipment leasing services through its wholly-owned subsidiaries WS Leasing Ltd. and Mercado Capital Corporation. Its 400 employees serve 60,000 members and customers with $2.7 billion in assets under management from a network of 12 retail branches across metro Vancouver and leasing offices in British Columbia, Alberta, Manitoba and Ontario.

    For more information:

    Judy Hsu
    jhsu@national.ca
    604-638-7454

     

     

 

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