Consistent with our Values of Integrity, Respect and Client Success, Corridor Title shares this important information with our Clients, as well as the public at-large. Our firm’s wire fraud policies are in furtherance of these values, and we appreciate your patience in this regard.
Email hacking and all manners of fraud are on the rise in an attempt to fraudulently misdirect funds. Therefore, Corridor Title proactively shares our wiring instructions with Buyers early in a transaction, including a process whereby we provide our Wire Policy, and require acknowledgment by Buyer of their receipt of same. Similarly, Corridor Title maintains rigorous processes and procedures with regard to all out-bound wires to Sellers and other parties.
Buyers and Sellers should confirm all emailed Wiring Instructions directly with Corridor Title to verify that the instructions are legitimate and correct prior to sending funds.
Corridor Title’s Wiring Instructions WILL NOT CHANGE. If you should receive an email containing a modification to our Wiring Instructions, DO NOT RESPOND TO THE EMAIL. Instead, please contact Corridor Title immediately by phone in order to verify the accuracy of the Wiring Instructions prior to initiating any wire. Corridor Title is not responsible for any wires sent by you to an incorrect bank account.
With respect to Wiring Instructions received for all outbound wires, Corridor Title maintains a rigorous protocol, including a required confirmation prior to any disbursement.