Climate First Bank Business User Help Guide

73

ACH & Wire - Receiver and Intermediary Detail Some financial institutions use an in-between third-party bank called an intermediary to process funds. If your receiving bank requires an intermediary, you will need the financial institution’s wire routing number and address.

1

2

3

4

5

6

If you have a Receiver DI Bank and/or an Intermediary Bank, follow the steps below, if not click the Next button. 1. Check the box next to “Receiver DI Bank.” 2. Enter the receiver DI bank’s routing number and bank name. 3. Check the box next to “Intermediary Bank.” 4. Enter intermediary bank’s routing number. The bank’s name will auto-populate. 5. Enter intermediary bank’s address.

6. Click the Next button. 7. Continue to page 80.

Note : Incorrect receiving bank details are the main reason wire transfers get rejected. Wires are considered a final method of payment and may not be recalled if incorrect information is entered. Be sure the wiring instruction data is accurate.

Wires and ACH Transactions: Recipient Overview