TREASURY MANAGEMENT
Treasury Internet Banking Limits
Limits in Treasury Internet Banking
Limits are required in Treasury Internet Banking if you have opted out of dual control for ACH and wire payment origination. The limits help mitigate exposure to risk and potential monetary loss. This page outlines how to request a permanent limit increase in Treasury Internet Banking.
Requesting a Permanent Limit Increase
Who can request an increase or decrease in ACH or wire limits?
A request to increase or decrease limits can be made by anyone in the company by calling or emailing us. We will verify the request with an authorized Treasury Management Resolution agent.
- If the agent agrees, we will move forward with the request.
- If the agent rejects, we will advise you to meet with your business partners to discuss further.
How can I change my limit?
Wire: You determine the limit based on your business needs.
- Funds must be available in the designated account when files are initiated.
ACH: The limit is dependent on the current setup.
- If the account is setup with ACH prefund, you may determine the limit based on your business needs. Funds must be available in the designated account when files are initiated.
- If the account is underwritten (credit or debit), we recommend that you work with your Relationship Manager.
- You may request a limit increase, but the final limit will be determined by our ACH review process.
- Underwritten ACH limits are reviewed annually. If a limit increase is needed, please contact your Relationship Manager to discuss further. Limit increases may take additional time for review and approval.
Who do I contact to discuss the limits?
If you would like to discuss your limits or if you believe your business may need an adjustment to increase or decrease the limits, please contact us as soon as possible at 888-539-7928. It is important to review your limits carefully and contact us immediately to avoid potential disruptions.