I'm reviewing wire transfers. I've found a few instances were the bank transmitted a wire an individual made on behalf of a business but the individual was listed as the originator...not the business. For example, John Doe who is authorized to make wire transfer requests on behalf of ABC Corp was listed as the originator along with his personal address on the wire that was sent to the receiving bank. The money came out of the ABC Corp business account. Isn't the originator the company and John Doe is just acting on behalf of the company?

I realize we are required to keep the information of who requested the wire for BSA recordkeeping but I think the orignator on the wire is still ABC Corp not John Doe. Please let me know if this is correct or if I'm missing something.

You are correct.

Thansk! It's nice to know I still remember a few things.