The two graphs below were created using Google’s
charting tools.
The two graphs show what automated and manual
systems companies use in processing incoming and outgoing wires. The data were obtained through survey. Obviously, several companies, if not all, use
more than one of the systems in their wire processing.
The data in the graphs were obtained from a 2009
Association for Financial Professionals study entitled “Providing Remittance
Information with Wire Transfers”. This
study can be read by clicking here.
In addition to providing such data seen in the
graphs, the study also discusses the need for additional information to be
attached to wire transfers in order to improve company wire processing.
These two graphs and the study might be useful to
companies evaluating their wire transfer processes.
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