What bank wire services are right for your business?
Depending on your business needs and the volume of your outgoing wires, you may set various management payment controls and choose one or more of our wire initiation options. We're available to help you choose the service or combination of services that's right for you.
Web InfoPLU$ Internet Wire Service
Set up and manage wire users, payment approval levels and repetitive or scheduled wires without having to contact the bank.
Web InfoPLU$® offers outgoing wire payments in U.S. dollars or foreign currencies to domestic and international trading partners. You may also use
Web InfoPLU$® to send federal tax payments, transfer funds between internal M&T accounts, and initiate drawdown requests to consolidate funds into M&T accounts.
Telephone Wire Service
Entrust your wire instructions for U.S. dollars or foreign currencies to domestic or international beneficiaries with an experienced M&T representative. Repetitive wire instructions may be referenced to expedite recurring wire requests.
Batch Wires Via Direct Transmission
Transmit electronic files containing wire instructions in batches to achieve greater efficiency with treasury or accounting software and wiring transactions. You can even send files for straight-through processing or for review and approval before files are processed.
Automated Standing Transfers
Automate repetitive wire payments daily, weekly or monthly and send them in fixed or variable dollar amounts for a more efficient experience. You may also set a target balance in the account and authorize funds exceeding the target balance to be transferred with Variable Automated Standing Transfers.
M&T offers wire reporting in several formats and delivery methods.
Web InfoPLU$ Previous Day and Cash Position Reporting
Receive incoming and outgoing wire information at summary and detail levels. Also obtain new incoming wire reporting, including up to 9000 characters of extended remittance information (e.g., invoice or reason for payment).
Wire Email Confirmations
Receive emails detailing incoming or outgoing wires, including up to 9000 characters of extended invoice or other payment details.
File Delivery of Wire Confirmations
Enjoy automated delivery of wire information in standard BAI format.
Take the next step.
Learn more about how to send a bank wire through M&T or to enroll in any of our wire transfer services. Simply call 1-800-724-2240 to speak to one of our experienced Commercial Service Team Representatives, Monday - Friday, 8am-6pm ET, or contact your dedicated M&T Relationship Manager.