In an environment of increased exposure, risk management has become an important part of doing business. Cachet offers wire services to reduce your exposure from high-risk transactions.

Two options for your convenience :

• Automated Reverse Wire - Payroll provider initiates the wire
• Direct Wire – Client initiates the wire

The term Drawdown Fedwire® is also known as Automated Reverse Wire. Fedwire® is a registered trademark of the Federal Reserve Bank (FRB).

• Reduce risk with guaranteed funds
• Submit a standard ACH file
• No additional paperwork required
• Funds are not released until they have been confirmed