Wire Information

Standard wire instruction field names are changing from FedWire terminology to ISO 20022 terminology.

Online Banking Wire Service
You will continue using our existing online banking system to send wires. The wire input screens, templates, and workflows remain unchanged. When receiving wire instructions from a wire recipient, you may receive the instructions with the new field names. The table below reflects the field name changes to assist you in completing your online banking wire requests appropriately.

Digital Banking Field Names	FedWire Field Names	ISO 20022 Field Names
Intermediary Bank	Intermediary Bank	Intermediary Agent
Bank Name	Beneficiary Bank	Creditor Agent
Name (Recipient Information Section)	Beneficiary	Creditor
Description	Originator to Beneficiary Information/OBI	Remittance Information Unstructured
Amount	Amount	Interbank Settlement Amount

It may take time for financial institutions to update their wire instructions using the new ISO 20022 field names.

Incoming/Outgoing Wire Notifications
You will continue to receive your incoming and outgoing wire notifications in the same format as you do today.

Questions
Our team is here to help you through this transition. If you have questions regarding the changes, please contact us:

Phone: 253-284-1826
Email: OnlineBanking@CommencementBank.com

What's Changing

Field Name Changes
The field names of the sender and receiver information of a wire will change. When receiving wire instructions from a wire recipient, you may receive the instructions with the new field names.

Current FedWire Field Names	ISO 20022 Field Names
Originator	Debtor
Originating Bank	Debtor Agent
Intermediary Bank	Intermediary Agent
Beneficiary Bank	Creditor Agent
Beneficiary	Creditor
Originator to Beneficiary Information/OBI	Remittance Information Unstructured
Amount	Interbank Settlement Amount

What’s Staying the Same

Incoming/Outgoing Wire Notifications

You will continue to receive your incoming and outgoing wire notifications in the same format as you do today.

Questions
Our team is here to help you through this transition. If you have questions about wire changes or reconciliation, please contact us:

Phone: 877-284-1880
Email: hello@commencementbank.com

Domestic Wires

Beneficiary Bank/Creditor Agent: Commencement Bank
Address: 1313 Broadway, Suite 400, Tacoma, WA 98402
Routing Number/ABA: 125108887

Foreign Wires in USD via SWIFT Format MT103

Intermediary Institution/Intermediary Agent

Name: Pacific Coast Bankers’ Bank
Address: Walnut Creek, CA 94596
SWIFT Code: PCBBUS66
Routing Number/ABA: 121042484

Beneficiary Bank/Creditor Agent:

Name: Commencement Bank
Address: 1313 Broadway, Suite 400, Tacoma, WA 98402
Routing Number/ABA: 125108887

Beneficiary Customer/Creditor

Beneficiary/Creditor Account Number
Beneficiary/Creditor Name
Beneficiary/Creditor Address
Reference Information/Remittance Information (if applicable)

Foreign Wires in Other Formats or Currencies Other Than USD

Call 877.284.1880 for wiring instructions