The processing of USD Wire Transfers to Foreign Banks will be returning to the Controller’s Office Accounts Payable department.
Due to the large volume of wire transfers and unexpected system limitations, it was our mission to identify effective approaches for implementing a safe, ubiquitous, faster payment process in iO. To do this, we have developed and implemented effective criteria for processing USD Wire Transfer to Foreign Countries.
Procure to Pay has worked diligently to reinstate this process, and are thrilled to announce that USD Wire Transfers to Foreign Banks will be processed as before the iO transition.