Wire/ACH Instructions

To successfully wire funds to Putnam County State Bank, please ensure the transfer amount is specified and include the following details:

Primary Bank Information

• ABA Routing Number: 086505273
• Destination Bank: Midwest Independent Bank
• Address: 910 Weathered Rock Rd., P.O. Box 104180, Jefferson City, MO 65110-4180
• Telephone: 800-347-4642

Further Credit Information

• ABA Routing Number: 101903763
• Beneficiary Bank: Putnam County State Bank
• Address: 1522 Main Street, P.O. Box 285, Unionville, MO 63565
• Telephone: 660-947-2477

Final Credit to Customer

• Customer’s account number
• Customer’s full name and address

ACH (Automated Clearing House) funds can be sent to Putnam County State Bank or initiated from Putnam County State Bank.

To process an ACH payment—whether sending or receiving—we require the following information:

• Recipient’s bank routing number
• Recipient’s account number
• Customer name
• Payment amount

Please ensure all details are accurate before initiating the transfer to avoid delays or errors.

Wire transfers are widely used for both domestic and international transactions. They are particularly advantageous when:

• Speed is critical: Most domestic transfers are processed the same day, while international transfers typically settle within a few business days (depending on the destination country).
• Large sums are involved: Wire transfers often have higher limits than other methods, making them ideal for paying invoices, family remittances, or real estate transactions.
• Currency exchange is needed: International wires can easily accommodate foreign currency conversions.

• Finality of Transfers: Wire transfers are typically irreversible once initiated. Always verify the recipient’s information before proceeding.
• Fees: PCSB charges $15.00 for a domestic wire and $50.00 for an international wire. 
• Security: Ensure the legitimacy of the transaction and recipient. Wire transfers are safe when proper precautions are taken.

• Verification and Communication
  • Confirm all payment requests by phone: Always call the requester using a trusted phone number before sending funds, especially if bank details have changed.
  • Be cautious of urgent emails: Fraudsters often create a sense of urgency to pressure quick action. Take time to verify.
  • Validate invoices: Ensure every payment request matches a legitimate invoice or an approved payment schedule.
  • Check email addresses carefully: Scammers often use addresses that closely resemble legitimate ones. Look for subtle differences.

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  Online Security and Account Management
  • Enable Multi-Factor Authentication (MFA): Add an extra layer of protection to all financial accounts.
  • Secure your devices: Use a dedicated computer for banking and keep antivirus software and firewalls up to date.
  • Monitor accounts regularly: Set up transaction alerts and review statements frequently to detect unauthorized activity promptly.

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  Process and Internal Controls
  • Verify all details before sending: Double-check recipient name, bank, and account numbers. Wire transfers are typically irreversible.
  • Implement dual authorization: Require two approvers for high-value transactions to prevent single-point control.
  • Confirm changes to payment instructions: If a vendor requests new banking details, verify by calling a known contact directly.