This question if for any Directline Wire users:

 

We currently utilize per wire limits for our Wire companies, as well as each account under the company, and each employee under each account.  While this provides great security, it’s an administrative nightmare each time a company needs their wire limit raised (we had to create a cheat sheet, below, to remind us how it’s done).

 

Do other bank use all three limits?  We’re debating setting all our companies with a default limit (say $2 million), and then only utilizing the account/employee limits to control how much they can wire.

 



Genesee Regional Bank

 
Russ Munroe

VP, Bank Operations Manager

sig-line
Genesee Regional Bank
1850 South Winton Road
Rochester, NY 14618
phone: 585-419-8147

fax: 585-218-4289

email: xxxxxx@grbbank.com
GRBbank.com
 
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