Wire Transfer 101 – The Fundamentals : Risks, Compliance and Operational Controls
Tuesday, June 18, 2019
2:00 pm – 3:30 pm Eastern
A wire transfer is defined as a fast way to send money and that it can be costly. Attend this 3-part Bootcamp to learn the basics of Wire Transfer, how does it work, the differences between a domestic and international wire, and the different types of wire transfer (bank and non-bank). Discussion will also include different types of risk and tips on how to mitigate this risk. With wire transfers being one of the most targeted areas for fraud, the risks associated with wires is a focus for governing regulatory agencies. In this series, we will outline the areas in wire transfer most commonly reviewed by examiners. Suggestions on how to get your internal and operational controls in place to help prevent wire transfer fraud.
n the entire 3-part Wire Transfer Webinar Bootcamp series, attendees will hear details on:
Wire 101 – The Fundamentals
This session will provide the basic understanding of wire transfers, the difference between types of transfers, and the terminology used and what it all means.
- What is a Wire Transfer
- Different Types of Wire Transfers
- The Life Cycle of a Wire Transfer
Donna Olheiser, AAP/VP Education, Dynamic Mastership
Donna, the Vice President of Education Services for Dynamic Mastership, is a Certified Master Trainer and an experienced Project Manager, with over 14 years’ experience managing education programs for organizations processing electronic payments and financial institutions operations areas. Prior to founding Dynamic Mastership 3 years ago, Donna served as the Education Services Director for UMACHA for 9 years. Donna began her career serving as Training and Development Specialist for the Federal Reserve Bank, Minneapolis.
Attendance verification for CE credits provided upon request.
Webinar Sponsored by BankersHUB
If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877
|Live Webinar: Register for the live event and get five days access to the On Demand Playback. You’ll have an opportunity to ask questions during the presentation and be free to review the content for the next 5 (business) days Registration also includes links to presenter materials, handouts, and pdfs.
Additional Hookups: Registering another banker from a different location