💸💸💸Virtual Accounts for international wire transfers💸💸💸
A dedicated virtual account number has been generated for you.
A dedicated virtual account number has been generated for you to facilitate the receipt of dollar wire transfers. This new product is to increase the traceability of your USD wire deposits and reduces the time needed for wire transfers to be processed.
While these virtual accounts are unique to you, they do not have the ability to hold customer funds, and will not operate as a full-fledged bank account.
Accordingly, deposits to the DriveWealth account number at M&T Bank will no longer be accepted.
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How do we make use of this virtual account?