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Wells Fargo to offer online storage solution to retail banking customers

Banking group Wells Fargo & Company has announced that it will offer Wells Fargo vSafe service, an online storage solution designed for its retail banking customers.

The new storage solution will enable the retail banking customers to store and organize copies of important materials, such as financial statements, loan and tax documents, wills, passports, and birth, marriage and death certificates.

The firm said that by protecting information in an electronically secure and centralized location, customers can easily access and recover copies of critical documents in the event of a natural disaster, theft or hard drive crash, or while traveling.

Customers can access their Wells Fargo vSafe account from any Internet connection – unlike hard drives, flash drives and archiving solutions. To meet the needs of each customer, the offering includes the power to store virtually any file format.

John Stumpf, president and CEO, said: More and more customers are turning to our online solutions to manage their personal and business finances, and we developed the Wells Fargo vSafe service to respond to their need for secure online storage.