Incoming wires received for credit to a loan are posted to the CCB Wire Settlement DDA Account #100080118. When funds are received, Loan Operations is notified and moves the funds to credit the loan.  This process can take up to 1 - 2 days, however you should assure clients that the credit will be backdated to the date the wire was received.

To verify if a wire for credit to a loan has been received, inquire on the Wire Settlement DDA # 100080118. Have the client confirm the following:

• Amount of the wire
• Sender - listed in the transaction description

If the wire is not located in the DD inquiry, email _WiresGroup to determine if the wire has been received but not yet posted to the Wire Settlement.