Colony Bank Business Online Banking User Guide

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Business Wires New International Wire*

You can create a new international wire. International wires allow you to send funds to a recipient across the world. Make sure you have all the necessary account and contact information before you continue.

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In the Treasury Solutions tab, click Business Wires . 1. Select a payee and if necessary a payee account. A payee may have more than one account depending on the number of wire payment methods that have been established. Note : Wire type is determined when adding the payee. Go to page 25 for more information about adding a payee. 2. Check the box to send a notification to the payee once the transaction has processed.

3. Use the drop-down to select a funding account. 4. Use the drop-down to select a company name. 5. (Optional) Click the “Show Limits” link to show max limits. 6. Enter an amount. 7. Enter a send on date.

8. (Optional) Enter an originator to beneficiary info (OBI). OBI information often includes invoice or transaction details that need to be communicated to the beneficiary. The beneficiary FI is the final bank that receives the funds. 9. Click the Confirm Payment button.

Business Wires: New International Wire*