WireXchange for Premier

Managing daily wire transfers within the wire room and branch network is one of the most time-consuming tasks financial institutions face. To streamline this process and make it virtually error-proof – Fiserv offers WireXchange for Premier, a flexible and automated solution for completing wire transfers initiated by either the financial institution or the customer.

One-Step Entry
With the one-time entry efficiencies of WireXchange, transaction processing times are greatly reduced, and human error is all but eliminated. Autofill fields minimize keystrokes, repetitive entries and inaccuracies. The single entry point automatically triggers OFAC validation, host system posting, transmission to the Federal Reserve, confirmation of completed wires and automated notification to your customers.

Simple & Flexible
WireXchange is easy to use, reducing staff training and setup time. You can customize fee billing for outbound wires, define ad hoc reporting, and incorporate your organization’s branding to enhance marketing efforts. WireXchange also offers online storage and retrieval of recurring wire templates, edit and reuse capabilities for outbound wire requests, customized tracking of website usage and transaction activity, and online help that includes step-by-step procedures.

Inherent Security
Making your wire transfers safer than ever before, WireXchange offers dual controls for entry, verification and release of outbound wires, and a host of comprehensive edits that ensure compliance with the Federal Reserve. Advanced reporting functionality monitors for online security violations in real time.

Premier Integration
Secure integration between WireXchange and our business Internet banking solution, eCorp for Premier, further simplifies wire management by enabling business banking customers to initiate wire transfers and submit them to the WireXchange database directly from their online account. WireXchange also provides customers with real-time information about the status and history of wires through their eCorp accounts, saving them – and you – time and money.

For more on WireXchange for Premier, contact Fiserv, Inc.
at 402.421.4207 or partner@fiserv.com