FHLBank Topeka’s wire transfer services feature a direct computer interface with the Federal Reserve Bank of Kansas City and sophisticated control systems to expedite and secure your transactions.
Features
- Third-party, settlement, foreign and repetitive wires offered
- Secure transactions through recorded phone lines, PINs for all authorized users and call backs
- Settlement for ACH, clearings, correspondent transactions, ATM and credit cards
- Online information updated every 30 minutes
- Historical information on wires in compliance with the Bank Secrecy Act
- Compliance with AML and OFAC requirements
Benefits
- Manage cash flow with timely incoming and outgoing wire transfer online reports
- Act as a pass-through reserves correspondent for customers required to maintain a reserve balance at the Federal Reserve Bank
- No need to maintain a separate Federal Reserve account