Capital Bank Commercial Online Banking Guide

Wire Transfer Overview The Wire Transfer service allows you to move funds between accounts within different financial institutions. Transfers can be scheduled for the current day or (if applicable) a date in the future. Pending transfers can

be reviewed and deleted. Wire Transfer Features: 8 Maintain Template 8 Maintain Template Group 8 Initiate Template 8 Initiate Template Group 8 Initiate Freeform Wires 8 Approve/View Wire Activity 8 View Wire Activity 8 Request Wire Investigation Wire Transfer Features:

8 Pending – waiting for the business user to approve the file 8 Resubmit – the approver at the business denied the file and the initiator resubmitted it 8 Approved – approved by the business and routed to Capital Bank 8 Received – processed by Capital Bank 8 Removed by FI – Removed by Capital Bank 8 Downloaded Processed For a Wire Transfer Administrator, the main action occurs after the batch submittal. If the wire requires dual approval, or it exceeds the user’s pre-transaction and/or daily limits, it is given a status of Pending. The administrator then uses the Approval/View Wire Activity function either to approve the wire or to deny it and send it back to the user for modification. Note: The Template and Template Group may be created for wires you perform on a recurring basis. Initiate Freeform Wire is used to perform on a one-time basis, which does not require a wire transfer template to be created. Additional documentation is required for access to this feature. Contact your account officer for more information.

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