Thursday, April 10, 2008

Wells Fargo is the first large financial services company to offer virtual storage of vital documents

What Company Is Offering:
Wells Fargo’s vSafe is a secure online location where customers can upload and store copies of everything from the deeds to their homes to precious family photos. The bank also uploads each customer’s bank statements to the vault, which can be accessed by logging on to customers’ regular internet banking accounts.


How It Works:

Wells Fargo adds layers of security and throws in a dedicated phone help line. Plus it provides a single, central location for an individual’s or family important documents. Wells Fargo claims it is the first large financial services company to offer virtual storage of vital documents. In the Netherlands, ABN Amro Bank offers a similar service: Digitale Kluis (digital safe). ABN Amro’s safe stores a maximum of 500 MB of storage for EUR 14 per month, and is accessible to anyone who has access to an account holder’s online banking—including authorized accountants or family members.

More at:: www.wellsfargo.com — www.abnamro.nl

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