In monitoring I noticed a large number on incoming and outgoing domestic wires being processed through a personal account. Average of 10 per month. In questioning the branch it appears our customer does contract work for a large company providing maintenance on towers. All of the incoming wires are being sent from this company so that makes sense. The outgoing wires are my concern. It seems our customer is responsible for paying the individuals he recruits to work with him- it's the same 5 people but he is doing it as an individual, personal account. How concerned should the bank be about this activity?

Outside of possibly losing additional fee income from it being from a personal rather than business account - I see no issues.

Thanks Randy!

I suppose the large company is covering the wire transfer fees. I wonder why he isn't using ACH. It would be cheaper.