REMINDER: Physical address required for Wire Payments

November 01, 2021

For business owners, plan administrators, and sponsors

Enhanced Anti-Money Laundering/Anti-Terrorist Funding Regulations come into effect in June 2021.

Address details for Wire Payments (sent to or from Manulife) must be accurate and include a full physical address. The Address field cannot include post office boxes (or variations of PO Boxes).

Providing a full physical address will help avoid delays in processing of Wire Transfers.