19 August 2017
visit www.avoka.com

Merrill offers Web-based wire transfer service

22 August 2001  |  2520 views  |  0 Merrill offers Web-based wire transfer service

Merrill Lynch has introduced Web-based wire transfer disbursements for business users of its Working Capital Management Account Cash Manager service.

Merrill says the new feature saves business owners time by allowing them to independently initiate wire transfer disbursements via the Web and monitor their transaction requests through completion.

"With the addition of Web-based wire transfer disbursements, our business clients have access to one of the most comprehensive online business banking tools available to the small and midsize business market," boasts Todd Simms, director of the Merrill Lynch WCMA product group.

The Wall Street investment house launched WCMA Cash Manager in May 2000 as a Web-based banking services for small and mid-size businesses, offering integrated online cash management, information reporting, transaction processing and enhanced control features. The system was developed in association with cash management vendor Politzer & Haney.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Banks losing battle for online SME relationships

Banks losing battle for online SME relationships

03 August 2001  |  3935 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comdownload the paper nowvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
7950 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7384 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6197 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6099 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5942 views comments | 11 tweets | 9 linkedin

Featured job

New York, NY - USA (some flexibility on location)

Find your next job