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Wires can be returned for a number of reasons.

Common Reasons:

  • Incorrect information - Beneficiary name, Invalid account number, etc

Uncommon Reasons:

  • Compliance Review Rejects wire

  • Rejected by the beneficiary

We will receive a notification from our processor when the funds have arrived in our system. They will provide the Return Reason as well as the Return Amount.

An email notification will go out to you and your Financial Institution stating we are processing the return back to you. We will be sending the returning funds back to your Financial Institution and they will return those funds back to your originating account.