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Generating and Distributing Notice Letters

Question: 
How do banks generate and distribute notice letters?
Answer: 

Hard copy notice letters are sometimes generated by the bank's core system and/or exception tracking system. They can also be manually generated and printed using mail merge software. Hard copy notices are usually distributed through the US Mail. Email-integrated systems have led to increased reliance on electronic notices, which can be more cost effective and easier to track.

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Read more about notice letters.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 08/15/2021

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