What is Wire Transfer?
The wire transfer option is a great tool for sending and receiving money directly from an account at one financial institution to an account at another in a matter of minutes. It’s an essential tool for making payments on tight deadlines and managing all your transfers and their associated details.
What makes our Wire tool different?
Our Wire tool simplifies the process of originating Wire Transfers in two ways. First, it is an integrated part of our Treasury Management Online system, giving you secure access at any time. Second, the Wire tool offers templates that can be set up for the most common types of Wire Transfers. The templates act as a guide to collect the specific information necessary for many transactions and help you save time
Is the Wire tool secure?
Because it is integrated into your Treasury Management Online, the Wire tool shares the same state-of-the-art access security as Treasury Management Online. The protection of authorization and encryption of data are fully in place. Wire Transfers are trusted by companies and financial institutions across the country and have safely processed countless transactions.
Does the Wire tool offer cost savings?
For most companies, making or accepting payments through Wire Transfers will provide a number of cost savings. The cost per transaction is lower because Wire Transfers require less manpower -- eliminating the writing or opening of paper checks, trips to a financial institution, delays in postal mail and other transactional costs.
If you have any questions or concerns, please contact us for assistance!