Wire transfer_

Travel businesses use wire transfers for significant supplier payments, deposit settlement to foreign DMCs and refunds to customers where a card refund is not possible. Reconciliation needs accurate beneficiary details and clear references to avoid funds sitting in suspense.

For a UK operator paying a six-figure deposit to an Asian inbound DMC, the wire transfer is the realistic option even with the correspondent costs that come with it. The timing matters: a delayed wire that arrives a day late can hold a multi-departure booking off the supplier’s confirmed list, with downstream operational consequences.

The travel businesses that handle wire transfers well plan the route deliberately, validate beneficiary details before sending and track each transfer back to the booking and supplier it funds. The businesses that fire-and-forget wires accept the occasional stranded payment and the supplier-relationship friction that comes with it.

felloh ties wire-transfer movements to the booking and supplier record so finance teams can see what is in flight, what has arrived and what was returned without rebuilding the picture from bank statements.

The Beneficiaries and Cashflow views in the dashboard track outbound wires against the supplier record and booking they fund, with correspondent path, applied FX and arrival evidence visible. Where a wire returns or stalls, the case lands against the supplier and booking it relates to.

For travel businesses paying significant supplier amounts by wire, the time-in-flight picture is finally honest. Supplier-relationship friction drops because the operator can see exactly where the payment is, and reconciliation against the bank statement happens automatically.