Wire Transfer Services

Automated Wire Transfer Services

Integrated directly with our core banking system, CSI’s bank wire transfer software helps mitigate risk and allows your commercial customers to swiftly transfer funds between institutions.

Features

Advantages of Automated Wire Software

Wire transfer automation solutions reduce the overhead costs of manually inputting each transaction, boosting productivity at your institution and saving valuable employee time. Our comprehensive, end-to-end money transfer service can be utilized through CSI’s online banking platform, allowing your bank to:

• Create and approve wire transfers through a self-service model
• Minimize errors by automatically validating ABA routing numbers
• Integrate with FedLine to process both incoming and outbound wires
• Enable the creation of wire templates for recurring transactions

Stay Compliant with CSI’s Wire Transfer Services

Ensuring your bank’s compliance is critical when transferring funds between institutions, and CSI’s wire transfer tool was built with your compliance needs in mind. Our solution mitigates risk by allowing your institution to create a clear trail for auditors and provide real-time denied party screening on all wires. In addition, our wire transfer services keep your bank compliant by:

• Integrating directly with the Federal Reserve
• Facilitating the assignment and auditing of all transaction information
• Flagging transactions that may have a potential match to an OFAC SDN list
• Supporting OFAC, BSA/AML, Red Flags and other compliance programs