Wire Fraud Prevention

Send Wire Info

  • Lock your company’s wire instructions away in our secure portal.
  • Grant your customers access to the specific instructions they need.
  • NEVER share wire instructions via email.
  • Automatically include multiple warnings, waivers, and notices for educating your customers.
Smart Phone Plaid

Receive Wire Info

Bank Account Verification (BAV)

  • Verify customer bank account ownership with names, phone numbers, addresses, and emails in real time before sending out any of your company’s funds.
  • Instantly authenticate account and routing numbers of your customers.
  • Bank credentials are never stored or sent to ClosingLock servers.
  • Works with more than 11,000 financial institutions in the US, Canada, and Europe.

Verify Payoff

Instant Payoff Verification (IPV)

  • Never question a loan payoff again; verify account and routing numbers in real time.
  • Save time – no need to call the lender to verify payoff account information.
  • Intuitive, easy-to-use interface.
  • Verify valid payoffs and be alerted about potentially fraudulent ones.