Banks have been using eform tools for years to streamline processes. These digital tools help improve communication and organization. Eforms are not only more efficient than traditional paper forms, but they also provide a better turnaround time and claim experience. In this blog post, we will discuss the top 5 eform tools for banking and how they can help your business!

1. Online/Mobile Banking:

One of the most common eform tools used by banks is online/mobile banking. This digital tool allows customers to access their accounts and transactions from anywhere in the world. Online/mobile banking also provides a secure platform for customers to conduct financial transactions, such as account transfers and viewing bank statements online.

2. Online Bill Payment

Another eform tool used by banks is online bill payment. This digital service allows customers to pay their bills online, without the hassle of mailing a check or going to the bank in person. Online bill payment is a great way to save time and money, as it eliminates late fees and postage costs. In addition, many companies offer discounts for customers who pay their bills online.

3. Digital Forms

Many banks also use digital forms to improve customer experience. Digital forms are e-forms that can be filled out and submitted online. This type of form is a great way to reduce paperwork, as customers can fill out the form on their computer or mobile device. In addition, digital forms often include built-in features, such as autofill and spell check, which make the form-filling process easier for customers.

4. E-Signatures

E-signaturesare another eform tool used by banks to improve customer experience. An e-signature is an electronic signature that can be used to sign documents online. This type of signature is a great way to reduce the hassle of signing paperwork, as customers can sign documents from anywhere in the world. E-signatures are also more secure than traditional signatures, as they cannot be forged or stolen.

5. ID Verification

ID verification is another eform tool used by banks to improve customer experience. This digital service allows customers to verify their identity online, without the hassle of visiting a bank branch or providing documentation in person. ID verification is another great way to reduce paperwork, as customers can verify their identity from anywhere in the world. In addition, ID verification is often required for online transactions, such as bank transfers and online bill payments. In conclusion, eform tools for banking are a great way to improve communication, customer experience, and organization. Lightico has already helped so many companies streamline their processes, such as MetLife and Westlake Financial Services. To see these tools in action for yourself and receive a personalized demo, click here!

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reviews"Great tool to expedite customer service"

The most helpful thing about Lightico is the fast turnaround time, The upside is that you are giving your customer an easy way to respond quickly and efficiently. Lightico has cut work and waiting time as you can send customer forms via text and get them back quickly, very convenient for both parties.

"Great Service and Product"

I love the fact that I can send or request documents from a customer and it is easy to get the documents back in a secured site via text message. Our company switched from Docusign to Lightico, as Lightico is easier and more convenient than Docusign, as the customer can choose between receiving a text message or an email.