Domestic Payments
Domestic Wire Transfers and ACH Services
Seamlessly send and receive domestic payments through our secure, encrypted web platform, Correspondent Bank Connection (CBC). Track, search, and export your transactions from the platform. Our national team of experts is available for extended hours. We offer extensive support to ensure you are confident with every wire or payment you process.
As a Faster Payments Council founding member and Faster Payments Task Force member, PCBB has been a thought leader and driver in the faster payments space. We have helped community financial institutions like yours stay competitive with up-to-date industry and technology advancements, so you can offer your customers faster payment solutions.
Key Benefits:
- OFAC services provided for each wire transfer
- Simple and efficient process for wire releases
- Enhanced accuracy when sending wires and ACH payments
- Later wire cut-off times
Process Wires Efficiently and Securely
Our Correspondent Bank Connection (CBC) helps you remain compliant and meet regulatory retention requirements when wiring funds.
As an added benefit, CBC can be used as a reliable contingency service to your Fed line, whether you process your wires directly through the Fed or somewhere else.
ACH Services
ACH payments are necessary for you to compete and meet your customers’ needs. Easily monitor your daily ACH transactions and obtain detailed reporting through our CBC platform. Our ACH services include:
- Process and reconcile ACH payments
- ACH transfers
Domestic Payments Through iCore360®
PCBB’s strategic partnership with DCI means iCore360 customers can easily add domestic wire services into their existing banking operations and ensure efficient and secure payment processing every time. In 2025, this integration will expand to include international wires, too. Learn more about the services offered through this partnership.
Keeping Up With The Evolution of Payments
The Federal Reserve Banks are set to adopt the ISO 20022 message format for the Fedwire Funds Service on March 10, 2025. This pivotal transition will mark a significant step towards standardized, efficient, and interoperable financial messaging.
Our insights paper, Embracing ISO® 20022: Enhancing Financial Messaging and Operations, provides an understanding of ISO 20022 and how it will benefit your institution.
