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#1170309 - 04/25/09 03:27 PM Wire Notice
robertp Offline
New Poster
Joined: Sep 2003
Posts: 2
South Carolina
I'm looking to cut costs, and reduce work for wire staff. Is the bank required to mail incoming/outgoing wire notice to customers? Everything I have read indicates that wires are exempt from Reg E, and perhaps we could discontinue the practice of mailing a notice on every wire we send/receive.

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Operations Compliance
#1170312 - 04/25/09 06:13 PM Re: Wire Notice robertp
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 85,090
Galveston, TX
You need to review the UCC-4A.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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