Sending Funds

Can I Send a Wire to a Vendor with a PO Box Address?

No, domestic and international wires cannot be sent to vendors with PO Box addresses. We suggest using a different address for the business or sending funds via ACH or check.

BSA (The Bank Secrecy Act) regulations require anyone sending a wire through their bank to provide a physical address for a beneficiary. It provides banks with one more piece of information in order to detect suspicious activity.