Web Cash Manager Wire Transfer Template

[Pages:3]Web Cash Manager ? Wire Transfer Template

Following are the instructions on how to create templates in our Web Cash Manager system:

Wire Transfer Templates Create Wire Template

If the final beneficiary is in Puerto Rico or any other place in U.S. territory, in select message type, select FED. If the final beneficiary is outside U.S. territory, in select message type select INT (for international).

Important Note: All wire transfers in USD (U.S. dollars) outside U.S. territory must use an intermediary bank. If the beneficiary did not indicate a bank, you may use one of the following banks: in Bank Search select SWF and in Bank Id: CITIUS33 (Citibank), CHASUS33( JP Morgan Chase) or FED, 026009593 (Bank of America). If the beneficiary bank is Banco Popular Dominicano (BPDODOSX) or Banco Popular Espa?ol ((POPUESMM), does not require an intermediary bank

If the transfer is in other type of currency, there is no intermediary bank require in the template

Swift

In SWIfT identifiers that end with three Xs (XXX), the three Xs must not be included.

Example: BPDODOSXXXX should read BPDODOSX (8 characters)

Create FED Template

Template ID:

Identifies the short name for the template in the system. Minimum of 8 characters and maximum of 10.

Template Name:

Identifies the full name of the template in the system. Usually, the beneficiary name is used.

Transfer Limit:

Maximum amount of money that may be processed in each template. Usually, an average of the payments made to that customer-supplier is established.

Cumulative Limit:

Maximum amount of money that may be processed in one day for that template.

Beneficiary Information

Bank Search ID Type FED (9 digits) or SWIFT (8 to 11 alphanumeric digits) ID-Indicate the beneficiary bank's ID Click Search Submit

Beneficiary Acct #: Full bank account number of the beneficiary. Do not use spaces or symbols.

Beneficiary Name: Full name of the beneficiary. Must not contain symbols or special characters.

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Bene Addr1:

Physical address (not postal address) of the beneficiary. Must not contain any

symbol.

Bene Addr2:

Continuation of the physical address of the beneficiary. Must not contain symbols. Special characters may be substituted by spaces.

City, St, Country:

Include city and state in English. Do not use abbreviations. You must enter the

town or city, (comma) space and state and/or country.

Example: Lima, Per? Chicago, Illinois

Payment Details 1: We recommend filling this information when the transfer is made. The payment details may vary according to each invoice.

Upon completion of the template, please click Preview Submit Ok

Important Note: You must validate the account to be debited in each created template. If there is not enough space to complete the name of the beneficiary, you may continue the name in the first line of the address (bene addr 1) and if it fits, in that same line begin the address.

Create INT Template

Template ID:

Identifies the short name for the template in the system. Minimum of 8 characters, maximum 10.

Template Name:

Identifies the full name of the template in the system. Usually, the beneficiary name is used.

Transfer Limit: Curr:

Maximum amount of money that may be processed in each template. Usually, an average of the payments made to that customer-supplier is established.

Select the currency with which the final beneficiary wants to be paid.

If the amount is not in USD, our foreign currency group must be contacted to verify the current rate.

Cumulative Limit:

Maximum amount of money that may be processed in one day for that template.

Beneficiary Information

Search: Bank Search ID Type FED (9 digits) or SWIFT (alphanumeric with 8 to 11 characters) ID-Indicate the ID of the beneficiary bank Click Search Submit

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Beneficiary Acct #: Full account number of the beneficiary. Use no spaces or symbols.

Beneficiary Name: Full name of beneficiary. Must not contain symbols or special characters.

Bene Addr1:

Must always be the physical address (not postal address) of the beneficiary. Must not contain any symbol. Special characters may be substituted by spaces.

Bene Addr2:

Continuation of the physical address of the beneficiary. Must not contain symbols. Special characters may be substituted by spaces.

City, St, Country:

Include city and state in English. Do not use abbreviations. You must enter the

town or city, (comma) space and state and/or country.

Example: Lima, Peru Chicago, Illinois

Payment Details 1: We recommend filling this information when the transfer is made. The payment details may vary according to each invoice.

Intermediary Beneficiary Information

Search: Bank Search ID Type FED oy SWIFT ID-Indicate the beneficiary bank ID. Search Submit

Upon completing the template, please click Preview Submit Ok

Once the template is created, our transfer group will validate the registered information within a 48-hour period. The template will change to active status if the information has been correctly registered. Otherwise, in the Alerts section (home page) in Web Cash Manager the status field will show inactive and/or rejected, with "error" as the reason.

Additional data: Do not include invoice in the payments details. If the information varies, this can be included when creating the transfer. When accessing the template, the amount and the details fields of the transfer will appear. This will avoid having to modify the template each time you make different payments.

If you need any further information or additional assistance, please do not hegitate to contact Business Banking Support at 787 756-3939

Templates will be approved Monday thru Friday from 9:00am to 4:00pm

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