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Win more commercial relationships by mastering the account switching experience!

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Manage episode 515489855 series 3506295
Content provided by Dr. Joseph Bergquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Joseph Bergquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The account switching experience for commercial banking clients remains one of the most confounding issues. We delve into some of the main bottlenecks, which are redirecting payroll, merchant services, ACHs, customer payments, notifying vendors, and closure of legacy accounts. This is a process that can take 3 to 6 months to complete. The bank that can address this issue will gain a lot of commercial clients. This episode examines an article from Bank Director titled “The hidden bottleneck in winning commercial relationships.” A link to the article is included below.

Link: The Hidden Bottleneck in Winning Commercial Relationships | Bank Director

  continue reading

400 episodes

Artwork
iconShare
 
Manage episode 515489855 series 3506295
Content provided by Dr. Joseph Bergquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. Joseph Bergquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The account switching experience for commercial banking clients remains one of the most confounding issues. We delve into some of the main bottlenecks, which are redirecting payroll, merchant services, ACHs, customer payments, notifying vendors, and closure of legacy accounts. This is a process that can take 3 to 6 months to complete. The bank that can address this issue will gain a lot of commercial clients. This episode examines an article from Bank Director titled “The hidden bottleneck in winning commercial relationships.” A link to the article is included below.

Link: The Hidden Bottleneck in Winning Commercial Relationships | Bank Director

  continue reading

400 episodes

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