Wire 201 - Advanced Wires
On-Demand - AAP Credits 1.2
Building upon the knowledge acquired in Essentials of Wires, this webinar examines payments message structure and the decisions that participants need to make when using Fedwire or CHIPS. Comparisons are made between the field tags each system uses, the identifying information necessary for each party and other information identified within the field tags. Important payment format changes are discussed, as are remittance format changes for both Fedwire and CHIPS.