Wire Transfers: Effective Agreements & Internal Controls

Wire transfers remain one of the highest risk payment channels for financial institutions. Business email compromise (BEC), social engineering, account takeover, and operational errors continue to drive significant financial losses, often with little ability to recover funds. This webinar will provide a practical, operations-focused dive into wire transfer agreements, internal controls, and regulatory expectations, with a particular emphasis on UCC Article 4A and its requirements, such as agreed-upon commercially reasonable security procedures, examiner scrutiny, and real-world fraud scenarios.  Attendees will learn how to structure effective wire transfer agreements, implement defensible security procedures and internal controls, and respond appropriately when wire fraud occurs.

• Employee training log
• Interactive quiz
• PDF of slides and speaker’s contact info for follow-up questions
• Attendance certificate provided to self-report CE credits