WIREinfra is a scalable end to end wire transfer automation system. It converts a ticket-based, cumbersome process requiring manual account posting, compliance checks and customer confirmations process into efficient, cost-effective, and paperless transaction system.
WIREinfra remarkably increases the department’s efficiency by reducing the time needed to complete work processes with a significant accuracy. All transfer request, both internal and wire transfers are maintained in a database which allows users to search and view details at any time.
It is an affordable wire solution for banks of all sizes.
- Automates wire approval process
- Meet BSA recordkeeping requirements
- Enhances compliance with the Patriot Act and other government regulations
- Interfaces with cash management and other third party systems
- Reduces labor costs and allows banks to easily scale up wire operation
- Improves customer service by eliminating errors and improving efficiency
- Automated OFAC Scanning
- ABA Number Validation
- Print Tickets
- Upload Block Entry
- Incoming and Outgoing Wire Reports
- Real-time Customer Notification (optional)