August 15, 2012 - 4:03pm
#1
As part of supervision of wire transfer process, does your management monitor wire transfer process by doing recurring (e.g. monthly) audits? - (similar to branch management monitoring their cash by doing monthly cash counts).
Monthly, our Credit Union mgmt does random, unannounced checks of wire transfer daily work. If your Credit Union does this also, do you have an "audit form" used by management that you can share?
