SoftPro released a new integration of its SoftPro Banking platform with Metropolitan Commercial Bank for the management of wire transfers of real estate transactions.
Users of SoftPro’s Select edition closing and title software can utilize SoftPro Banking to securely initiate wire transactions for processing via the new integration with Metropolitan Commercial Bank. Incoming wires from the bank can be seamlessly receipted into their corresponding SoftPro trust account ledger.
SoftPro Chief Customer Officer Patrick Hempen stated in a release, “Our integration with Metropolitan Commercial Bank broadens the lender network of SoftPro users to securely disburse and receipt closing funds. SoftPro Banking gives peace of mind to our customers and by extension to the purchasers in a real estate transaction.”
Metropolitan Commercial Bank leaders said they’re happy to enhance digital services for the title industry.
“With the integration of SoftPro Banking, MCB clients will have an enhanced experience,” said Rob Larger, bank senior vice president and head of title and escrow and 1031 exchange services. “SoftPro Banking provides a secure platform for SoftPro Select users to initiate wire transactions and effortlessly receive incoming wires into their respective SoftPro ledgers. This streamlined process reduces transaction steps and minimizes manual entry errors.”
SoftPro Banking allows for the designation of specific users as “approvers” for outgoing wires as well as the ability to establish approval limits for those approvers. SoftPro Banking protects incoming wires by allowing users to search incoming wires by numerous fields before approving or rejecting transactions.