Bulletins

April 07, 2022

Update: As of May 3, 2022, wire transfer functionality and user permissions have migrated onto 1Link-IPR. Members can now access wire transfer transactions, reporting, and balances within a single interface and take advantage of the streamlined user interface and improvements that were made in 1Link-IPR.

Wire Transfers Migration to 1Link-IPR

The Federal Home Loan Bank of New York is excited to announce the upcoming launch of wire transfers on 1Link-IPR. Coming in May 2022, wire transfer functionality and user permissions will migrate onto 1Link-IPR, where member users will be able to perform all wire transfer transactions, and access reporting and balances within a single interface. The FHLBNY is also pleased to offer additional enhancements for wire transfer users including:

Easy access to “KEY” information on a ‘Dashboard’:
- Upfront view of account balances, transaction status (pending and recent), and repetitive payment templates
- Ability to view and take action on wire transfers pending approval
Streamlined workflow and redesigned screens to enhance the user experience and improve member efficiency, such as:
- Access to view and transact on all accounts associated with your organization
- ‘Reports’ tab has been enhanced to display all of your organization’s reports (i.e., payment, custom, special, and standard reports)
- New wire transfer “Approver-View” dashboard to quickly view and access wire transfers pending approval
- Optimized wire transfer templates that include third parties that combine both payment types (Fedwire and Bookwire) into a single form that allows a member user to dynamically enter and look up key information from the convenience of the wire transfer template screen

Further communications on the upcoming action steps required for wire transfer users will be forthcoming. If you have any questions, please contact the 1Link Helpdesk at (800) 546-5101, and after the prompt, press 1.

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Bulletins

Wire Transfers Migration to 1Link-IPR

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