Entering Wire Entitlements for a New Business

For a new wire business customer, the wire entitlement can’t be given to the business until they have a training date scheduled. At the training, the business user will be given token access and must enable the token prior to the wire entitlement being given to the business.

Wire Entitlements are the access permissions and limits that First National has contracted with the customer using the business online banking (BOB) & Treasury Management Enrollment form (TMO). First National will set up the two senior administrator user entitlements and the company entitlements.

Editing Wire Entitlements for an Existing Business

4. Select edit business entitlement from the appropriate business
   
   The entitlement view will display.
   Check the box beside Wires to display the wire entitlements available for this business.

Wire Entitlements – Line-by-Line Explanation

In this section, we will explain each wire entitlement line-by-line. From the Entitlement screen, scroll down to the bottom of the screen. Select the checkbox beside Wires.

1. Number of approvals required defaults to 1. All new wire customers are set up with dual control and require a minimum of one approval.
2. Pre transaction set up challenge threshold defaults to 0.01 and can’t be any other amount.
3. Maximum daily user review threshold, maximum daily user hard limit, maximum daily business review threshold and maximum daily business hard limit are set to the Wire limit on the BOB & TMO.

Note: if receiving a revised enrollment BOB & TMO document and the wire limit is being updated, then update these four limits.

Wire Types

All wire types are defaulted check marks.

Accounts

Using the BOB TMO select the accounts that have access to wires.

Note: if receiving a revised enrollment BOB & TMO adding or removing account access for wires then check mark or un-check mark this section.

Click Save.