Uncommitted money sitting in a current account no longer represents security; it represents a certain loss. Inflation quietly and imperceptibly erodes the purchasing power of your savings every day. The Szumma application does not let your hard-earned wealth lose its value. Our financial analysis system is like having a personal private banker in your pocket: it continuously monitors your spending habits, incoming transfers and account balances in the background.
If the system’s intelligent algorithm detects a larger amount of freely investable capital sitting in your current account without earning a return, it acts immediately. Szumma sends you a push notification and suggests a smarter use for the available amount, such as transferring it directly to your investment account.
What does this look like in everyday life?
Suppose you receive your salary on the 15th, pay your utility bills, and Szumma’s algorithm calculates that after your fixed monthly expenses and safety reserve you still have HUF 150,000 available that you could invest.
Your phone vibrates: “We can see that HUF 150,000 is available in your account. Would you like to transfer it to your investment account so that it can earn a return?” You tap the “Yes, please” button.
Szumma then sends a “Payment Request” to your bank through the GIRO Instant Payment System. You open your usual mobile banking app, where a complete and accurately prepared transfer order is already waiting for you. No mistyped long account number and no forgotten payment reference. You simply approve it with your fingerprint, and the money is transferred to the investment account. In addition, this payment-request-based solution is entirely free of charge for retail users, just like bank card payments.