Establishing New Wire Transfers

Wire Manager extends you the ability to generate new wire transfers using the New Wire Transfer functionality. The following procedures provide you basic guidance to generate a new wire transfer when you open Wire Manager within Access Manager or you open Wire Manager within Business Online or Abiliti.

To establish a new wire transfer:

1. Open Wire Manager Transfers. The system displays the Select Wire Transfer Criteria page.

2. Select New Wire Transfer, select the appropriate Wire Type from the drop-down list, and then click Submit. The system displays the User List.

3. Click the Name hyperlink that the system associates with the User Name and User Type that you want to use to establish a new wire transfer. The system displays the New Wire Transfer page.

4. Complete the following fields.

Transfer Description	Type the name of the wire transfer.
Transfer Start Date	Select the wire transfer start date.
Amount	Type the amount of the wire transfer.
Tax Identification Number	Select the tax identification number of the account owner at the Originating Depository Financial Institution (ODFI).
Recurring Frequency	Select the instance of the recurring wire transfer. None indicates that the system processes the wire transfer one time Daily indicates that the system processes the wire transfer daily Weekly indicates that the system processes the wire transfer once each week Monthly indicates that the system processes the wire transfer once each month End of Month indicates that the system processes the wire transfer on the last day of each month Bi-Weekly indicates that the system processes the wire transfer every 14 days Quarterly indicates that the system processes the wire transfer every three months Bi-Monthly indicates that the system processes the wire transfer every two months Semi-Annually indicates that the system processes the wire transfer twice each year Annually indicates that the system processes the wire transfer amount once each year
From Account	Type or select the name or number of the account at the Originating Depository Financial Institution (ODFI).

5. Complete all of the following sections that apply to the Wire Type that you select in step 2.

Beneficiary

Beneficiary Institution

Intermediary Institution

Receiving Institution

Originating Institution

Originator

Financial Institution to Financial Institution Message

Foreign Currency Information

6. In the Beneficiary section, complete the following fields.

Identification Type	Select the beneficiary identification type. DDA Account Number indicates the demand deposit account number or International Bank Account Number (IBAN). IBAN formats vary by country and can be up to 24 characters. Tax ID Number indicates the tax identification number Drivers License Number indicates the driver's license number Passport Number indicates the passport number
Identification Number	Type the identification number that you assign to the beneficiary.
Name	Type the beneficiary's name.
Address	Type the beneficiary's address.
Country	Select the beneficiary's country.
Message to Beneficiary	Type the message that the system assigns to the beneficiary.
Beneficiary Reference	Type the alphanumeric identification code that the system assigns to the beneficiary.

7. In the Beneficiary Institution section, complete the following fields.

Identification Type	Select the beneficiary institution type. None indicates no identification type Fed Routing Number indicates the routing transit number for the Federal Reserve SWIFT Bank Code indicates the Society for Worldwide Interbank Financial Telecommunication (SWIFT) bank code Chips Participant indicates that the beneficiary is a Chips participant Chips Identifier indicates the Chips identifier DDA Account Number indicates the demand deposit account number
Identification Number	The identification number that you assign to the beneficiary. Click to search for an identification number.
Name	Type the name of the beneficiary's institution.
Address	Type the address of the beneficiary's institution.
Country	Select the country name of the beneficiary's institution. Note: International FX Only. The system displays the country name of the beneficiary's institution.
Swift / BIC	International FX Only. Type the Society for Worldwide Interbank Financial Telecommunication (SWIFT) bank code
International Routing Code	International FX Only. Type the beneficiary's institution international routing code.

8. In the Intermediary Institution section, complete the following fields.

Identification Type	Select the intermediary institution type. None indicates no identification type Fed Routing Number indicates the routing transit number for the Federal Reserve SWIFT Bank Code indicates the Society for Worldwide Interbank Financial Telecommunication (SWIFT) bank code Chips Participant indicates that the beneficiary is a Chips participant Chips Identifier indicates the Chip identifier DDA Account Number indicates the demand deposit account number
Identification Number	The identification number that you assign to the intermediary institution. Click to search for an institution number.
Name	Type intermediary institution name.
Address	Type the intermediary institution address.

9. In the Receiving Institution section, complete the following fields.

Routing / Transit number	The routing transit number of the Receiving Depository Financial Institution (RDFI). Click to search for a routing / transit number. Note: International FX Only. The system displays the Routing / Transit number.
Institution Name	Type the Receiving Depository Financial Institution(RDFI) name. Note: International FX Only. The system displays the Receiving Depository Financial Institution (RDFI) name.

10. In the Originating Institution section, complete the following fields.

Identification Type	Select the originating institution identification type. None indicates no identification type Fed Routing Number indicates the routing transit number for the Federal Reserve SWIFT Bank Code indicates the Society for Worldwide Interbank Financial Telecommunication (SWIFT) bank code Chips Participant indicates that the beneficiary is a Chips participant Chips Identifier indicates the Chips identifier DDA Account Number indicates the demand deposit account number
Identification Number	The identification number that you assign to the originating institution. Click to search for an institution number.
Name	Type the originating institution name.
Address	Type the originating institution address.

11. In the Originator section, complete the following fields.

Identification Type	Select the originator identification type. DDA Account Number indicates the demand deposit account number or International Bank Account Number (IBAN). IBAN formats vary by country and can be up to 34 characters. Tax ID Number indicates the tax identification number Drivers License Number indicates the driver's license number Passport Number indicates the passport number
Identification Number	Type the identification number that you assign to the originator.
Name	Type the originator's name.
Address	Type the originator's address.

12. In the Financial Institution to Financial Institution Message section, complete the following fields.

Financial Institution to Financial Institution Message	Type the message from the Originating Depository Financial Institution (ODFI) to the Receiving Depository Financial Institution (RDFI).
Disclaimer	Type the message that you want the system to display.

13. International FX Only. In the Foreign Currency Information section, complete the following field.

FX Contract

Select the foreign exchange contract for the wire transfer. Note: Click to establish a new foreign exchange contract.

14. Click Save or Process. The system displays Wire Transfer Summary page.

The Error box indicates that the system did not process or save the wire transfer with an error message.

The Warning box indicates that the system generates the wire transfer with a warning message.

The Successfully Processed box indicates that the system successfully processes or saves the wire transfer.

15. Click Done. The system displays the Select Wire Transfer Criteria page.

16. Repeat steps 2 through 15 to establish additional wire transfers.

17. Click Log Out.

See Also:

New Wire Transfer