Edit Wire Template

Templates can be edited as needed. Once you make a change to a template, all payments created from that changed template will include the modifications. In the case of a recurring payment, payments set up before the template modification will not include the changes because once a recurring payment is set up, all subsequent payments will be identical to the first payment.

For example, you create a template for your payroll and set up a weekly recurring payment using this template. You hire a new employee and add them to the template but the recurring payment was created before the new employee was hired. Until you create a new payment from the modified template, your new employee will not be included in your weekly payroll payment.

Much of the information that defines a payment template is the same as that required for creating a payment. A few details, however, are specific to payment templates.

Template Activation

The active status of this template

Options are as follows:

  • Active – This template can be used to create new payments.
  • Inactive – This template cannot be used to create new payments.
Template Name

The name for this template

Template Limit

The maximum amount for a payment created from this template

Payment details vary depending on the payment type. Refer to a payment type from the following list for more information:

  • Advice to Receive
  • Book Wire
  • Drawdown
  • International Wire
  • MultiBank
  • US Federal Tax
  • US Wire
Note: Edited templates may require one or more additional authorizations before being used to create payments. Normally, this authorization must be performed by an employee designated as an approver.