Initiating Wire Transfer Requests. Wire transfer requests may be initiated at any Extraco Financial Center: • An Authorized Representative of Business Entity must fill out a wire transfer request form or have an Extraco officer or relationship banker fill out a wire transfer request form based on information provided by the Authorized Representative. • The Authorized Representative’s photo ID is required in cases where the relationship banker or officer is not familiar with the Authorized Representative or Business Entity’s normal wire activity. Wire transfer requests may be initiated by fax transmission or by telephone. • An Authorized Representative must relay the information requested on the wire transfer form to an Extraco representative in Extraco’s Wire Department. If the request is by fax, the information must be provided on Extraco’s wire transfer request form. If the request is by telephone, the information may be relayed to a Wire Department representative who will fill out a request form based on the information provided by the Authorized Representative. • The Authorized Representative is required to provide the Authorized Representative’s unique identification number (PIN) to the Wire Department representative. The PIN may be provided only by telephone during the same conversation as the wire request or, if the request is by fax, during a follow-up telephone call between the Authorized Representative and the Wire Department representative. • If dual control is requested by Business Entity in writing, and agreed to by Extraco, an Extraco officer will call a second Authorized Representative of Business Entity to confirm the amount of a requested transfer, the name of the beneficiary of the transfer, and the second Authorized Representative’s PIN. Wire transfer requests may be initiated using Extraco’s E-Business online banking software. • An Authorized Representative must login to the E-business portal using the Authorized Representative’s unique username, password, and one-time token PIN. • The Authorized Representative must fill out the wire transfer request form within the E-business portal. • A Wire Department representative will call back the Authorized Representative to verify amount of the transfer and the name of the beneficiary of the wire transfer.
Initiating Wire Transfer Requests. The procedures for initiating Requests will vary depending upon the type of request. For Repetitive and Semi-Repetitive Transfers, the Authorized Representative shall provide Bank with (a) the name of the Authorized Representative who is initiating the request; (b) the correct identifying number for the transfer;
