Wire Instructions Update
We have made UI improvements to our Wire Instructions for online wire exercises. The new UI better highlights the amount, timeline, and considerations for completing the transfer. The updates include:
- User and exercise specific details such as grant, company, option holder, date, and amount.
- Clearer instructions for the bank on how to handle intermediary fees with specific SWIFT payment instructions.
- Approval and reminder emails now show the last day for Carta to receive funds, so the exercise can be complete.
Who this affects
All international users who are exercising options via online wire.
How it works
The updated Wire Instructions will be available in the same places as before (Tasks view, PDF, Exercise Progress view). You can see the new templates here:
Exercise Progress view
Both Approval and Reminder emails show the date for Carta to receive funds.
- Available on all online wire exercises starting 11/30/2022
Support Article: Exercising Via Online Wire