Southside Bank ACH and Wires

Part 3 of 3: Beneficiary and Intermediary Detail When sending a wire, the beneficiary is the final company or person that receives the funds. Depending on the payment type you selected in Part 1, you may need to provide beneficiary information. Some FIs use an in-between third-party bank called an intermediary to process funds. If your beneficiary requires an intermediary, then you need the FI’s wire routing number and address.

ADDING A RECIPIENT

Enter the name of the beneficiary and intermediary FI.

Enter the account and address information for both the beneficiary and intermediary FI. • Enter the name of beneficiary and intermediary FI. • Select its country using the “Country” drop-down. The address fields change based on the chosen country. a. Domestic wire : Enter the FI’s wire routing number. b. International wire : Enter the FI’s International Bank Account Number (IBAN) or SWIFT Bank Identification Code (SWIFT BIC). • Enter the beneficiary’s street address, city, state and postal code.

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