Authorize a CAD/USD Transfer

Description

The Authorize a CAD/USD Transfer function is only available if your company has elected to set the Payments and Transfers Preference of Authorization or has subscribed to Authentication.

This page allows you to approve or decline transfer requests. Once a transfer has been fully authorized it is sent to the Bank for processing.

Accessing Authorize Transfers

To access Authorize a CAD/USD Transfer simply click Payments and Transfers Service then Authorize a CAD/USD Transfer from the left navigation bar.

You must have been assigned the Payments and Transfers rights 'Ability to Authorize' to access this page.

How to Authorize a CAD/USD Transfer

Select the Transfer you wish to Authorize by clicking the Authorize button and then complete following two steps:

Step 1 of 2 : Confirm

  1. Review the details of the transfer and the exchange rate displayed.

  2. Enter your WBB Password on the Authenticate page; only required if your company has elected to use Authentication devices to authorize payments.

  3. Click Confirm

Step 2 of 2 : Confirmation

  1. Review your Confirmation.

  2. Print the Confirmation if necessary.

Result: The transfer will be submitted to TD for processing if the final authorization has been provided; otherwise the transfer will be available in your company’s Authorize Table awaiting an additional authorization.

How to Decline a CAD/USD Transfer

Select the Transfer you wish to Decline by clicking the Decline button and then complete following step: 

Step 1 of 1 : Confirm

  1. Review the details of the transfer.

  2. Enter your WBB Password on the Authenticate page; only required if your company has elected to use Authentication devices to authorize payments.

  3. Click Confirm

Result:  You will be returned to the main Authorization page.  The declined transfer will be removed from the table and updated in the Activity List with an Authorized status of Declined.

Security/Filtering

  1. Only accounts to which you have been assigned access to in the Payments and Transfers Service will be available. Refer to your Payments and Transfers User Profile for further details.

  2. If your company is registered for dual authorization/authentication, you will be able to provide only one of the required two approvals.

  3. Retention

  1. Once the level of security is met (single or dual), the transaction is removed from the Authorize Grid and updated in the Activity List. If the transaction is declined, the transaction is removed from the Authorize Grid and updated as 'Declined' in the Activity List Authorize column and is available to be modified if necessary.

  2. Transactions are available to be approved for 7 calendar days from the Last Modified Date, which is detailed on the Transfer Details page.

  1. The Authorize grid will include only those transfers which you can approve or decline. Transfers that have been:

  1. Created by others in your company, and

  2. Created by you if you have been assigned the right 'Ability to Authorize Own Transfers’

  1. Transfers will be sorted by the Authorize status

  1. Auth 1 - User ID (only possible if your company is registered for dual authorization)

  2. Pend/Auth

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