Cash & Treasury

Wire Transfer Approval Log Template

Document and track all wire transfers with appropriate authorizations before payment is released.

How to use this template

1

Prepare wire request

Submit wire transfer request with payee name, account, amount, and business purpose.

2

Verify payee details

Confirm wire is to correct vendor/payee by cross-referencing master file or contract.

3

Obtain authorization

Collect evidence of approval from appropriate level of management based on amount.

4

Process wire transfer

Execute the wire and record the payment in the cash and AP systems.

5

Document and archive

File the wire transfer request with supporting approval and confirmation in the approval log.

Why use this template

  • Prevents unauthorized wire transfers and fraud
  • Creates clear authorization trail for significant payments
  • Reduces wire transfer errors and duplicate payments
  • Strengthens internal controls over cash disbursement

Ready to streamline your close?

Vergo turns templates into automated workflows with real-time collaboration, integrations, and AI built in.