Canceling Future Dated Wire Payments
|
|
Wire
payment instructions can be sent to the Bank up to 30 days in advance. The Bank will warehouse the payments and
process on the appropriate execution date. You can cancel
future dated payment instructions any time up to, but not including the
execution date of the payment. To cancel a future dated payment: 1.
From the Payments menu
select Wire Payments, then click on History
to access the Wire Payment History screen. 2.
From the drop down in the Status field, select Future Dated. 3.
Press the Search button. 4.
Click on the Reference Number of the Future Dated payment to access
the Wire Payment Detail screen. 5.
Click on the Cancel Wire button at the top of the Wire Payment
Detail screen. The
following message will appear: “Are you sure you want to cancel this wire
payment?” 6.
Select ‘OK’ to cancel the payment. The
following message will be displayed at the top of the Wire Payment History
page: ‘Cancellation Successful’. The status of the transaction will
change to ‘Cancelled’ on the Wire Payment History. |
Batch Cancel
|
|
The Batch
Cancel function can be used to approve a number of payments at once. 1. On the Wire Payment History Page,
click on the Batch Cancel button. The Batch Cancel screen will appear,
listing all future dated wire payments. 2. Choose the payments you want to
cancel by clicking on the check boxes under the Select column. To select all future date payments, click
on Check All above the column. 3. Click on the Cancel button at the top of the screen. The following message will appear: ‘Are you sure you want to cancel the
selected payments?’ 4. Select ‘OK’ to cancel the payments. 5. The cancellation results will be
displayed at the top of the Wire Payment History page and the status of the
payments will be updated to ‘Cancelled’. |
Related Topics |