Wire Approval Grid

Wire Authority Limits

Wire transfers can be processed for amounts up to the available balance minus the outgoing wire fee.  

Wire transfers up to $50,000 do not require a second approval for processing.  Wires greater than $50,000 require a second approval from an associate listed under Approval Authority on the Wire Approval Grid  .

An additional approval limit has been added to the Wire Approval Grid for any wires over $5,000,000. The approvers listed for wires over $5,000,000 should not be asked to approve wires over $1,000,000 unless an approver for wires over $1,000,000 cannot be located. The same approval requirements apply for these approvers as for all other wire limit approvals.

Note: All wire fees for Private Client Checking Accounts (consumer only) are waived, including fees for wire investigations and returns. These accounts will be set up with waived fees by Deposit Services upon account opening, so NO changes should be made to any wire fees for Private Client Checking Account wires.



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