Municipal CU Launches Person-To-PersonMoney Transfers

April 21, 2005, 1:00 a.m. EDT 1 Min Read

NEW YORK - (04/21/05 -- Municipal CU said Wednesday it hasbegun offering members the ability to transfer funds to otherpeople's accounts via Metavante's NYCE Corp. Municipal CU is thefirst financial institution to offer NYCE's account-to-account(A2A) service across multiple delivery channels, including kiosks,ATMs and online banking. To transfer funds using A2A, a memberneeds a receiver's ATM/debit card number. A2A requires that boththe sender and the receiver hold accounts with financialinstitutions affiliated with NYCE.

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