StockYards Bank & Trust Online Cash Management eGuide - page 31

29
WireTransfer
TheWire Transfer service provides an online template for creating individual
wire transfer payments. Awire is an order to pay funds electronically and
is amore immediate payment instrument than anACH transaction. Thus,
wire transfers generally involve larger payments and/or a shorter payment
schedule.
In theCommercial menu, select
Wire Transfer
.
1 | Choose the recipient for theWire Transfer request.
2 | From the drop-downmenus, select a
Group
to pay, alongwith the
Account
from
which to debit the payments and the
EffectiveDate
to send the payment. Next,
enter the
Amount
.
3 | Enter required information forwhomwill be receiving the transfer.
4 | Review all information.When finished, click
Submit
.
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