Written by Without further ado, here are the results of our latest poll, which was about whether you would export transfers using XEFT files.
First, I asked whether you currently use XEFT exports at all. The results were an even split; approximately a third of you answered “yes,” “no,” and “not yet,” respectively. Here’s that breakdown:
For those of you in the “not yet” category, I’ll be reaching out to check in and see if there’s any way we can support your transition to using XEFT exports for processing payments.
Next, I asked whether your clients move money from a main account into a secondary account, like a savings or ABLE account. Most of you answered yes to this question. See the full spread here:
Finally, our ultimate question: Would you export transfer transactions to XEFT files, the same way payments can be? A full 59% of respondents indicated they were either somewhat or very likely to do so, if that functionality were to be added to the system. Full counts can be seen in this graph:
Of the respondents who indicated their clients move money from a main into a secondary account, the number who were somewhat or very likely to export transfers increased to 73%.
Thank you very much for your feedback! Stay tuned for more polls that will help us decide what changes to make in our upcoming February upgrade.