Automated Wire Transfers

The money transfer function within iBIZ offers you the ability to initiate wire transfers
electronically from your PC.

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.

The benefits of
Automated Wire Transfers?


Timeliness of payments.

Saves time.

Lower costs than for manually initiated wire transfers.

 


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210.283.6500 • Outside San Antonio call toll-free 800.531.7650
1177 N. E. Loop 410, San Antonio, Texas 78209