|
|
Article: In Brief: Web Wire Transfers Via BankAtlantic.(Brief Article)
- Article from:
- American Banker
- Article date:
- May 20, 2003
CopyrightCOPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BankAtlantic Bancorp Inc., which has been letting corporate customers initiate wire transfers online since last year, plans to allow its departments and branches to do the same.
Nearly half of BankAtlantic's outgoing wire transfers -- 48% -- originate through the cash-management interface that connects corporate clients to their accounts, said Anthony A. Gautney, a senior vice president and the manager of BankAtlantic's cash management department.
"That's very helpful," he said in an interview last month. "Unless they made a mistake on their wire and unless it crosses our limits, it moves through our straight-through processing system without ...