DECEMBER 16, 2021 Will machines now open bank accounts? They already started; by Warren A. Lyon, Consultant and Bank of America Alumni.
Will machines now open bank accounts? Not yet but soon; by Warren A. Lyon, Consultant and Bank of America Alumni.
Will machines now open bank accounts? They already started; by Warren A. Lyon, Consultant and Bank of America Alumni.
Could you propose a more efficient system or bank process or machine and then former employees of a bank try to steal your idea? What type of.... work in a bank or the financial industry? Stealing from people is loss; not profit. You can never say the authorities are not sophisticated enough to understand?
But, these assertions about bank accounts being like public services assisting in the dispensing of public funds cannot be the reason for the economic inefficiencies that are predicated on some other malfeasant motivation that “frustrated” the government agenda. In the society that purports to be Uber cashless, the account is a critical aspect of daily functioning for every Citizen.
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Young people need bank accounts to pay for the bus to get to school. Old people need their money when they request it. These bank machines inside the branches will now take over account opening. Each initial deposit will be no less than £5.00 with these new machines as designed by Warren A. Lyon; The Alusra(TM) account opening machine. He has already written NCR with his proposal. This is an Alusra(TM) proposal. Any government ID is enough to open the account with the machine. You will type in your Social Insurance number/National Insurance number.
The government has the citizen/customer’s address details as verified in the soft credit check used for identity purposes only. The loss write off amount per day is more than £_______.00 so this should not be abused by inside job teller bank robbery. The tellers will be automated entirely as bank machines now are already able to complete all teller functions; while there will still be intelligent staff on hand who are not wasting the bank’s time and who are not glamourous looking drug abusers but people that will answer questions and assist with money transfers although transfers can be done through online banking as well.
Most bank jobs will involve customer service as needed to smoothen out customer service or “police” operations where self serve clients make mistakes or when there are unfortunate computer calculations or when there is an on going misapplication of HMRC policy hindering bank business. The policy says an account can be opened with account and address information for a phone number, store credit card or store points card or any proof of address. Just follow the guidelines as provided online and open the account, because if you did follow the guidelines, you would have saved Warren from thinking about this machine. Essentially, only an NI card will be necessary to open the account and any address that you confirm to the machine.
Every account opening opportunity should involve a deposit and any proof of current address will do, following the Government motivation or the bank’s motivation to encourage more and more business.
The NI number is the essential ID or an NHS document by right on request from the GP where you are registered. How many accounts have you opened in the last week in your little game and shenanigan? You had a letter not only from HSBC with the current address as brought back to you; a letter you sent to him about his new account request although his old account is still open and it only needed services to be added. You also had letters from his school with the address and letters from other government bodies. Replacement cards are issued by the machine also.
The machine will verify one piece of government ID, it will record your address and email details as typed into the portal available on the machine Computer window, it will issue one generic bank card with about 500 cards loaded in the machine and then you will have the opportunity to make a minimum £5.00 deposit at a regular bank machine; or this new machine will be designed to take the cash note deposit also. But, the account opening machine will not dispense withdrawals.
The card will be assigned a new pin at the moment the generic card is assigned to the account. The pin will appear on the account opening receipt printed by the machine and emailed to you instantly. There is a soft credit check in the process also. The account holder also, once the card is inserted into the machine, can be asked to assign a new pin to the card. Did you ever see a Citibank branch employee with an airline style uniform on? These banks are soo small globally and they spend soo much in branch operations and uniforms but they refuse business or continued business relationships even before they made a dollar or a pound with a new account opening. It takes six times as many resources to make a new customer than it does to maintain a customer. The attitude with some customer service reps is that they are trying to decide whether your money and patronage accords with their personal sense of prestige. When you deactivated and took your business elsewhere, the company they work for looses money. Could there be a DNA in the seat cushions that would make 60% of customer service reps difficult and some how arrogant or insensitive to the business they are working for?
An account opening letter will be sent to your email address instantly with other account opening disclosure documents. I have several of these now. I will be picking up my card at the branch as I have just received notification that the card is ready. It will also issue a receipt confirming account number and sort code. The account opening machine is on the way. It is expected that 500 new accounts a day with 500 new customer deposits will be recorded every day. This totals £75,000.00 every month from new account deposits.
ALUSRA ™: by Warren A. Lyon.
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