To get started with the Modern Treasury implementation, you will need a business bank account as well as the setup for direct transmission (Direct transmission is the ability to move money between your owned accounts or between your accounts and external accounts). We have created template emails that ask for programmatic access to a Bank of the West account which you can forward on to your respective banker. These templates include three of the five possible payment rails (ACH debit, ACH credit, and wires), assuming you'd like to move forward with maximum flexibility and don't require checks. If you would like to set up check printing and lockbox services, please be sure to reach out to your Modern Treasury account manager for assistance.
Please note that ACH debit will require the broadest set of compliance steps from the bank, as it allows you to charge other bank accounts. If you know that you will not be using ACH debit, then we recommend removing it from the emails below.
Once you're in touch with the technical advisor from BotW, we can help you fill out all the paperwork.
Template for BotW
We would like to enable Integrated Solutions Host to Host for our account ending in ****. We will be utilizing Modern Treasury to send and receive files. We would like to enable ACH file transmission, Previous Day Reporting and Current Day Reporting.