The money transfer function within iBIZ offers you the ability to initiate wire transfers
electronically from your PC.
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How do Automated Wire Transfers work?
- You simply sign an Automated Wire Transfer Agreement with the bank authorizing the use of this capability.
- Through iBIZ, you will enter information required to send immediate funds to another financial institution.
- The wire instructions are normally verified and authorized by a second representative in your company.
- Funds are transmitted immediately to the intended recipient's bank through the Federal Reserve.
Related Links
ACH Disbursement
Payroll Cards
Zero Balance Account
Positive Pay
Explore other Treasury Management Solutions.
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The benefits of
Automated Wire Transfers?
Timeliness of payments.
Saves time.
Lower costs than for manually initiated wire transfers.
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