The Incoming Wire screen provides the User with an area to review current and historical incoming wires.
The wires area and incoming wire screen are visible only with applicable permissions.
To view historical incoming wire activity, Users will provide searching and filtering information. Users may search and filter across the following column categories:
- Wire ID
- Member - Your credit union
- Originator - Entity that originated the wire
- Originator Financial Institution - Financial institution that sent the wire funds on behalf of the remitter
- Amount - Incoming wire amount
- Type - Wire Business Function Code and Type Code
- Effective Date - Effective date of the wire
- Status - Current status of the wire
Sorting and filtering is available on all columns. Click the arrow next to the column header to sort the column. The orange arrow indicates which column is currently sorting the information. Search within a column by typing information into the Search box located just under the column header, or by utilizing the column dropdown, if available. To clear filters, click the x located in the search box, or click the Clear filters option at the top right side of the card.
Once the desired search information has been entered, a list of incoming wires is displayed. The User may export the list of wire information to a PDF document by clicking the Export to PDF button.
To review individual incoming wire information, click the Wire ID. Users may export the wire to PDF by clicking the Export to PDF button in the upper right-hand corner of the wire detail.
The Incoming Wire screen displays the Incoming Wire ID # and various cards breaking down the incoming wire information:
- OFAC Status
- Wire Detail - the high-level wire information
- Member
- Business Function Code
- Type Code
- Wire Amount
- Posted Amount
- Effective Date
- Detail of Charges - Any charges the sending financial institutions have applied to the wire
- These charges are NOT assessed by the corporate
- Final Credit - the entity that receives the wire funds
- Wire Routing - the financial institution path the wire funds took
- Originator - the entity that initiated the wire transfer
- Originator FI - the financial institution that initially originated the wire
- Originator Option F - may contain an additional originator information
- Instructing FI - another financial institution where wire funds may have passed
- References - any additional information that was included in the wire
- Payment Notification - additional information included in the wire for payment notification
Once the User has reviewed the wire, it should be confirmed by clicking the Confirm Receipt button at the bottom of the incoming wire detail. Users may confirm multiple incoming wires at once by selecting the check box in the far-left column and clicking the Confirm button on the upper right-hand corner.
Confirming receipt of the wire(s) indicates that someone at the credit union has acknowledged the incoming wire(s). Wires will post to the credit union's settlement account whether this button has been selected, or not.
To request the return of an incoming wire, Users must reach out to the corporate for assistance.