Full Portfolio transfer in just minutes
Portfolio Switch Kit by Qwist
The Portfolio SwitchKit solution enables banks to offer their end customers easy, efficient and quick switches of their portfolios from one financial institution to their own institution in full or in parts. The application further allows for automatic account closures, notification management, readout and reporting of financial data.
Seamlessly switching portfolios
In many cases, transferring an existing portfolio to another institution poses financial and security risks and affects the end-user experience by utilizing manual methods that are time-consuming and error-prone.
Account transfer in less than 10 minutes
The Portfolio Switchkit service enables a simple and paperless transfer of a portfolio account in less than 10 minutes. The final user will have a clear understanding of the whole switch in a very short time, with a full range of options in terms of transfers.
With Portfolio Switchkit customers can seamlessly transfer assets through real-time access to an end-end user’s portfolio, ensuring a fast and secure customer transition. Portfolio Switchkit enables customers to simplify and digitalize the whole flow, reducing cost and labor and ensuring a smooth end-user experience.
Increase value from end users
Activate valuable new customers from the start while reducing costs. A new end user will become a valuable one because they will use the new portfolio as the main one.
Attract high-value portfolios
The average amount transferred by our depot holders is more than 40k, with Millions of Euros being transferred each month.
Reduce back office effort and costs
Actively transitioning customers to the service as an online-only process on the desktop or in your app decreases the cost and effort related to customer support and back office. Duration reduced from 4 hours to less than 10 minutes.
How the Portfolio Switch Kit works
Smooth portfolio transfer
Portfolio Switchkit is built upon the underlying framework of our Financial Data Product as well as our Payment Initiation Product. Since it is a one-time use case and only the required end-user data is only extracted once, it provides data scarcity to enable a smooth portfolio transfer while still offering an overview of all assets associated with the final customer.
Demo Portfolio SwitchKit
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Existing customer requests
We kindly ask our existing customers to use the Zendesk Support Portal, which you received during your onboarding, if you have support queries or need to talk to us. Thank you very much!