Q:

How long does a wire transfer take?

A:

Quick Answer

According to Consumers Credit Union, a wire transfer is delivered the same business day that it is sent if it's a domestic wire. For example, if the wire transfer is sent in the morning, then it is received that afternoon.

Continue Reading

Full Answer

In order to send a wire transfer, the sender needs the name of the receiver as well as the receiver's address, account number and routing number of his bank, according to Consumers Credit Union. Wire transfers can be sent Monday through Friday during normal business hours. Once the transfer has been received, the funds are available to be used immediately. Depending on the financial institution, there may be a fee for sending a bank-to-bank wire transfer.

Learn more about Personal Banking
Sources:

Related Questions

  • Q:

    How do you transfer funds from one bank to another?

    A:

    You can send a bank-to-bank transfer by setting up the transfer with the sending bank from your account or do a wire transfer from your account to another account. You can also write a check and deposit it into the receiver's account, explains About.com.

    Full Answer >
    Filed Under:
  • Q:

    How is money transfered from one bank to another?

    A:

    Some ways to transfer money from one bank to another include a wire transfer, writing a check or doing a transfer with an account and routing number. Customers should be aware that some financial institutions may charge a nominal fee for transferring money. The amount varies depending on service and bank.

    Full Answer >
    Filed Under:
  • Q:

    What type of services does UNFCU offer?

    A:

    United Nations Federal Credit Union offers banking services and wire transfer services. The company offers partner services and identity theft protection. It also offers card security services.

    Full Answer >
    Filed Under:
  • Q:

    How do you wire money from a checking account?

    A:

    Banks have different procedures concerning wiring money from checking accounts, but there is usually a form to fill out that initiates the wire transfer, as About.com explains. Generally, such forms require information regarding the receiver's checking account, including the name of the receiving bank, the bank's routing number or ABA number, the bank account number of the payee, and other pertinent information required by the receiving bank.

    Full Answer >
    Filed Under:

Explore