Third Party Wire Transfer Audit

Posted By: txgal, CRCM

Third Party Wire Transfer Audit - 03/19/07 06:09 PM

We process our wires through a larger corresponding bank. Does anyone have an audit program (or procedures)that would cover this type of process for the wire transfer function? Thanks..
Posted By: Becky

Re: Third Party Wire Transfer Audit - 03/19/07 06:25 PM

OCC was just here and that was a huge focus for them. Our wire automation solution has some functionality to catch that....but pretty minimal, so I get a list daily of suspects and have to research them manually....