Number of International Remittances Originated Year-to-Date

Acct Code

Description

Tip for pulling data stored in CU*BASE

928

Count all international transfers for consumer members for which the credit union is the provider and that fall into either of the following two categories:

A)    Transfers that are remittance transfers as defined by subpart B of Regulation E.

B)    Transfers that would qualify as remittance transfers under subpart B of Regulation E but are excluded from that definition only because the credit union is not providing those transfers in the normal course of its business.

A Query can be defined in CU*BASE Report Builder to obtain foreign wire transaction information. The wire transfer tracking file is WIRE and the posting code for international wires is used.