F110 Wire transfers Best practice

Hi SAP Gurus

What is the best pracice for managing Wire trasnfers through SAP. Do we need to just create a Pay Order to be sent to Bank or we should also create a Remittance advice to be sent to our vendor? Can we also send clearing details to the bank like Invoice reference of our vendor that we have cleared? Do bank not send the clearing details to the vendor in 'Note to payee' field to our vendor's bank? If yes then still there a need to give the remittance advice to vendor. Pls advice.

Thanks in advance