A scalable, next-generation solution, Wire Origination expedites wire transfers for your organization by providing a quick and secure method for moving funds between banking accounts.
Here is an overview of how Wire Origination can be a powerful business banking tool right at your fingertips:
Wire transfers are growing in volume, especially among businesses who rely on the same-day availability of transferred funds. A browser-based solution, Wire Origination simplifies wire processing, so you can complete transfers more quickly and easily than ever.
Predefined templates greatly enhance the experience, and an automated workflow guides requests through processing and approvals. Each transfer file is validated to meet Federal Reserve standards. For enhanced security, you can limit the number and dollar amount of wires originated as well as the users.
When duel control transfers are submitted through Wire Origination in our online banking, the transaction is automatically sent to the Federal Reserve, eliminating any other transfer processing. This allows you to view the real-time status of wires online immediately after they’re submitted.
- Convenient email notification: If requested, a wire confirmation can be provided by email.
- Automated processing: An automated workflow and streamlined approval process replace tedious, inefficient and time-consuming tasks, so your staff can manage wire transfers in less time.
- Built-in security controls: To enhance risk management, Wire Origination enables your organization to set limits governing the number and dollar amount of transactions originated.
- Real-time reporting: Wire Origination offers online access to real-time wire status information and extended transfer history.
- Safe and secure