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Modern Treasury has now added support for Wells Fargo commercial customers. Utilizing Wells Fargo's Payment Manager product, Modern Treasury is able to support the initiation of ACH and USD Wires with support for check printing, lockboxes and FX Wires planned for the latter half of 2019.

For customers who have it enabled, drawdown (reverse) wires can now be initiated through the Modern Treasury platform. Drawdown wires are extremely similar to domestic wires but operate as debit payment rather than a credit. Authorization must be filed ahead of time with the debited financial institution in order to avoid rejection of the drawdown. Please contact support@moderntreasury.com for more details on how this can be added to your setup.

For more, head over to our complete API documentation.

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