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Wire transfer is the fastest mode of receiving money in your Golden 1 Credit Union account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Golden 1 CU

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

Golden 1 Credit Union doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to Golden 1 Credit Union via domestic transfer using routing number. The instructions will be something like this:

Beneficiary Information
Your Full Name: The name of your account as it appears on your statement
Your Account Number: Your complete bank account number
(including leading zeros)
Your Address (including City, State & County): Your complete address
Beneficiary Bank
Bank Name: The Golden 1 Credit Union
Routing Number: 321175261
Address (including City, State & County): The Golden 1 Credit Union
8945 Cal Center Drive,
Sacramento, CA 95826
Phone: 1-877-465-336
Intermediary Bank Information – Sender’s bank will provide this information
Bank Name: Correspondent/Intermediary Bank
Swift Code: Swift code of correspondent/intermediary bank
Address: Correspondent bank address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to Golden 1 CU

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your Golden 1 Credit Union account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: The Golden 1 Credit Union
Wire Transfer Routing Number: 321175261
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: The Golden 1 Credit Union
8945 Cal Center Drive,
Sacramento, CA 95826
(regardless of where your account is located)

Wire Transfer Fees for Golden 1 Credit Union

International and Domestic Wire Transfer Fees for Golden 1 Credit Union are as follows:

International Incoming $0 for each transaction + Intermediary Bank Fees
Outgoing $40 for each transaction + Intermediary Bank Fees
Domestic Incoming $0 for each transaction
Outgoing $23 for each transaction

Note: International Payments to and from Golden 1 Credit Union will go through an intermediary bank which also charges fees ($8 – $15) for its services in additional to fees mentioned above.

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From Golden 1 CU

To transfer funds to an International/Domestic account from your Golden 1 Credit Union account, you need to fill Wire Transfer Request Form which can be availed from any Golden 1 Credit Union branch.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of Golden 1 Credit Union branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of Golden 1 Credit Union.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after Golden 1 Credit Union daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for Golden 1 Credit Union

  1. Wire transfer daily cut-off time for both wire transfers is 4 p.m. CT
  2. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your America First Credit Union (AFCU) account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to AFCU

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

America First Credit Union doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to America First Credit Union via domestic transfer using routing number. The instructions will be something like this:

Wire to: Wells Fargo Bank, N.A.
Address: 420 Montgomery Street,
San Francisco, CA 94104
Swift Code: WFBIUS6S
Beneficiary: America First Credit Union
Address: 1344 W 4675 S,
Ogden, UT 84405
Routing Number: 324377516
For Further Credit to: Your Name, Address and Account Number

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to AFCU

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your America First Credit Union account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: America First Credit Union
Wire Transfer Routing Number: 324377516
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: America First Credit Union
P.O. Box 9199
Ogden, UT 84409
(regardless of where your account is located)

Wire Transfer Fees for America First Credit Union

International and Domestic Wire Transfer Fees for America First Credit Union are as follows:

International Incoming $10 for each transaction + Intermediary Bank Fees
Outgoing $30 for each transaction + Intermediary Bank Fees
Domestic Incoming $10 for each transaction
Outgoing $15 for each transaction

Note: International Payments to and from America First Credit Union will go through an intermediary bank which also charges fees ($8 – $15) for its services in additional to fees mentioned above.

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From AFCU

To transfer funds to an International/Domestic account from your America First Credit Union account, you need to fill Wire Transfer Form.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of America First Credit Union branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of America First Credit Union.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after America First Credit Union daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for America First Credit Union

  1. Contact AFCU branch for applicable cut-off time for wire transfers
  2. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your Navy Federal Credit Union account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Navy Federal CU

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

Navy Federal Credit Union doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to Navy Federal Credit Union via domestic transfer using routing number. The instructions will be something like this:

Beneficiary Information
Your Full Name: The name of your account as it appears on your statement
Your Account Number: Your complete bank account number
(including leading zeros)
Your Address (including City, State & County): Your complete address
Beneficiary Bank
Bank Name: Navy Federal Credit Union
Routing Number: 256074974
Address (including City, State & County): Navy Federal Credit Union
Attn: Funds Disbursement Section,
820 Follin Lane SE,
Vienna, VA 22180
Phone: 703-255-7739 or 1-800-552-1841
Intermediary Bank Information – Sender’s bank will provide this information
Bank Name: Correspondent/Intermediary Bank
Swift Code: Swift code of correspondent/intermediary bank
Address: Correspondent bank address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to Navy Federal CU

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your Navy Federal Credit Union account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: Navy Federal Credit Union
Wire Transfer Routing Number: 256074974
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: Navy Federal Credit Union
820 Follin Lane SE
Vienna, VA 22180
(regardless of where your account is located)

Wire Transfer Fees for Navy Federal Credit Union

International and Domestic Wire Transfer Fees for Navy Federal Credit Union are as follows:

International Incoming $0 for each transaction + Intermediary Bank Fees
Outgoing $25 for each transaction + Intermediary Bank Fees
Domestic Incoming $0 for each transaction
Outgoing $14 for each transaction

Note: International Payments to and from Navy Federal Credit Union will go through an intermediary bank which also charges fees ($8 – $15) for its services in additional to fees mentioned above.

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From Navy Federal Credit Union

To transfer funds to an International/Domestic account from your Navy Federal Credit Union account, you need to fill Wire Transfer Request Form for International or for Domestic.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of Navy Federal Credit Union branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of Navy Federal Credit Union.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after Navy Federal Credit Union daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for Navy Federal Credit Union

  1. Wire transfer daily cut-off time for International/Domestic Incoming wire transfers is 6:30 p.m.
  2. Wire transfer daily cut-off time for International/Domestic Outgoing wire transfers is varies based on your account type
  3. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your State Employees’ Credit Union (SECU) account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to SECU

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

State Employees’ Credit Union doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to State Employees’ Credit Union via domestic transfer using routing number. The instructions below are for SECU in NC [For instructions of SECU in Maryland, please visit SECU in Maryland]:

Beneficiary Information
Your Full Name: The name of your account as it appears on your statement
Your Account Number: Your complete bank account number
(including leading zeros)
Your Address (including City, State & County): Your complete address
Beneficiary Bank
Bank Name: State Employees’ Credit Union
Routing Number: 253177049
Address (including City, State & County): State Employees’ Credit Union
900 Wade Ave,
Raleigh, NC 27605
Phone: (888)732-8562 or (919) 857-2150
Intermediary Bank Information – Sender’s bank will provide this information
Bank Name: Correspondent/Intermediary Bank
Swift Code: Swift code of correspondent/intermediary bank
Address: Correspondent bank address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to SECU

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your State Employees’ Credit Union account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: State Employees’ Credit Union
Wire Transfer Routing Number: 253177049
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: State Employees’ Credit Union
900 Wade Ave,
Raleigh, NC 27605
(regardless of where your account is located)

Wire Transfer Fees for State Employees’ Credit Union

International and Domestic Wire Transfer Fees for State Employees’ Credit Union are as follows:

International Incoming $0 for each transaction + Intermediary Bank Fees
Outgoing $10 for each transaction + Intermediary Bank Fees
Domestic Incoming $0 for each transaction
Outgoing $6 for each transaction

Note: International Payments to and from SECU will go through an intermediary bank which also charges fees ($8 – $15) for its services in additional to fees mentioned above.

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From State Employees’ Credit Union

To transfer funds to an International/Domestic account from your State Employees’ Credit Union account, you need to fill Wire Transfer Request Form which can be availed from any State Employees’ Credit Union branch.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of State Employees’ Credit Union branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of State Employees’ Credit Union.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after State Employees’ Credit Union daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for State Employees’ Credit Union

  1. Wire transfer daily cut-off time for International wire transfers is 3 p.m. ET
  2. Wire transfer daily cut-off time for Domestic wire transfers is 4:30 p.m. ET
  3. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your First Bank account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to First Bank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

First Bank doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to First Bank via domestic transfer using routing number. The instructions will be something like this:

Wire to: US Bank NA, Minneapolis, MN
Swift Code: USBKUS44IMT
Beneficiary: First Bank
Address: 11901 Olive Boulevard,
Creve Coeur, MO 63141
Account Number: 152305405747
For Further Credit to: Your Name, Address and Account Number

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to First Bank

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your First Bank account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: First Bank
Wire Transfer Routing Number: 081009428
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: First Bank
11901 Olive Boulevard,
Creve Coeur, MO 63141
(regardless of where your account is located)

Wire Transfer Fees for First Bank

International and Domestic Wire Transfer Fees for First Bank are as follows:

International Incoming & Outgoing Your bank disclose the fee at time of transaction depending on the account type but typically will be in the range of $15-$45
Domestic Incoming & Outgoing Your bank disclose the fee at time of transaction depending on the account type but typically will be in the range of $10-$30

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From First Bank

To transfer funds to an International/Domestic account from your First Bank account, you need to fill Wire Transfer Request Form which can be availed from any First Bank branch.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of First Bank branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of First Bank.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after First Bank daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for First Bank

  1. Contact First Bank branch for applicable cut-off time for wire transfers.
  2. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest and most secure way to transfer money from one bank account to another. The receiver of the funds gets the money on the same day. There are other safer ways to send money but in most cases it takes around 3 days for the money to reach the recipient. Having said that, the speed of wire transfer comes at a price – when other methods of payments are generally free or costs very little, wire transfer fees is quite high in comparison to those methods.

Most banks charge for both incoming and outgoing wire transfers. Here is the comparison of the fees charged by top banks in USA for domestic and international wire transfers. Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Bank Name
International
Domestic
Incoming Outgoing Incoming Outgoing
Wells Fargo Bank $16 $30 to $45 $15 $30
Chase Bank $15 $45 $15 $30
U.S. Bank $25 $50 $20 $30
BBT Bank $18 $30 $8 $15
Regions Bank $18 $45 $15 $20
SunTrust Bank $30 $50 $15 $25
Fifth Third Bank $15 $50 $15 $30
TD Bank $15 $40 $15 $25
Key Bank $0 $45 $0 $30
Citi Bank $15 $45 $15 $35
Avg. Fees $17 $44 $13 $27

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Both domestic wire transfers and ACH transfers (Direct Deposit is a type of ACH transfer) are used to transfer money electronically from one account to another, however, there are some differences between the two modes of money transfer. The key differences between a wire transfer and a ACH (Automated Clearing House) transfer are as follows:

  1. Speed of transfer: Wire transfer is the fastest possible way to transfer money from one account to other and most domestic wire transfer usually happen the same day. ACH transfers may take up to 3 days to complete.
  2. Cost of transfer: The speed of wire transfer comes at a price. A domestic wire transfer sending fees borders around $25 for most banks. Most banks even charge for incoming wire transfer in the range of $10-$15 per transfer, however, most credit unions don’t charge for the incoming transfers. ACH transfers on the other hand are generally free for most banks and credit unions or have a very nominal fee.
  3. Operators: Wire transfers operators are Fedwire (maintained by Federal Reserve) and CHIPS. ACH operators are FedACH (maintained by Federal Reserve) and EPN (Electronic Payments Network, a private sector entity).
  4. Settlement Process: Fedwire wire transfer is a real-time gross settlement (RTGS) process of transferring funds where credit and debit of both banks’ accounts (maintained by different banks with Fedwire) happens in real time and the receiving bank will then take sometime to credit the receiver’s bank account but is usually done the same day. CHIPS although is net settlement process but settlement happens the same day at different intervals. ACH transfers, on the other hand, are done through batch processing and settlement happens the next business day. Wire transfers are usually done by a bank personnel manually while ACH is an automated process and thus costs much lower than wire transfer.
  5. Irrevocable: Wire transfers are real-time, final and irrevocable once processed by the fedwire/CHIPS system and thus it is mostly used by corporations and businesses for sending and receiving payments. ACH on the other hand allows reversals under certain situations.

Should you choose Wire transfer or ACH transfer?

In most cases, normal users can stick to ACH transfers owing to the minimal cost and most transfers does happen within 3 days which is not so bad. However, wire transfers should be used when the money needs to be sent immediately or when there is a risk of other party reversing the transaction – which are valid reasons for spending some extra dollars towards wire transfer.

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Wire transfer is the fastest mode of receiving money in your Firstmerit Bank account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Firstmerit Bank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your Firstmerit Bank account, please use the following wire instructions:

Bank Name: Firstmerit Bank NA
SWIFT Code for Firstmerit Bank: FNBAUS3A
Routing Transit Number: 041200555
Bank Address, City & State: Firstmerit Bank NA
106 South Main Street,
Akron, OH 44308
(regardless of where your account is located)
Beneficiary Account Number: Your complete Firstmerit Bank account number
(including leading zeros)
Beneficiary Name: The name of your account as it appears on your statement

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to Firstmerit Bank

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your Firstmerit Bank account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: Firstmerit Bank NA
Wire Transfer Routing Number: 041200555
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: Firstmerit Bank NA
106 South Main Street,
Akron, OH 44308
(regardless of where your account is located)

Wire Transfer Fees for Firstmerit Bank

International and Domestic Wire Transfer Fees for Firstmerit Bank are as follows:

International Incoming & Outgoing Your bank disclose the fee at time of transaction depending on the account type but typically will be in the range of $30-$45
Domestic Incoming $30 for each transaction
Outgoing $35 for each transaction

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From Firstmerit Bank

To transfer funds to an International/Domestic account from your Firstmerit Bank account, you need to fill Wire Transfer Request Form.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of Firstmerit Bank branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of Firstmerit Bank.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after Firstmerit Bank daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for Firstmerit Bank

  1. Wire transfer daily cut-off time for International wire transfers is 1:30 p.m. ET
  2. Wire transfer daily cut-off time for Domestic wire transfers is 5:30 p.m. ET
  3. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your Union Bank account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Union Bank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your Union Bank account, please use the following wire instructions:

Bank Name: Union Bank NA
SWIFT Code for Union Bank: BOFCUS33MPK
Routing Transit Number: 122000496
Bank Address, City & State: Union Bank NA
400 California Street,
San Francisco, CA 94104
(regardless of where your account is located)
Beneficiary Account Number: Your complete Union Bank account number
(including leading zeros)
Beneficiary Name: The name of your account as it appears on your statement

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to Union Bank

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your account in Union Bank from any other bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name: Union Bank NA
Wire Transfer Routing Number: 122000496
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: Union Bank NA
400 California Street,
San Francisco, CA 94104
(regardless of where your account is located)

Wire Transfer Fees for Union Bank

International and Domestic Wire Transfer Fees for Union Bank are as follows:

International Incoming $14 for each transaction
Outgoing $35 (for foreign currency) and $45 (for USD) for each transaction
Domestic Incoming $14 for each transaction
Outgoing $25 for each transaction

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From Union Bank

To transfer funds to an International/Domestic account from your Union Bank account, you need to fill Wire Transfer Request Form which can be availed from any Union Bank branch.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of Union Bank branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of Union Bank.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after Union Bank daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for Union Bank

  1. Wire transfer daily cut-off time for Union Bank varies based on location, transaction type, and other factors. Information about processing hours is available upon request.
  2. Requests received after cut-off time will be processed the next business day.

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Wire transfer is the fastest mode of receiving money in your People’s United Bank account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to People’s United Bank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your People’s United Bank account, please use the following wire instructions:

Bank Name: People’s United Bank
SWIFT Code for People’s United Bank: PESBUS33
Routing Transit Number: 221172186
Bank Address, City & State: People’s United Bank
850 Main Street,
Bridgeport, CT 06604
(regardless of where your account is located)
Beneficiary Account Number: Your complete People’s United Bank account number
(including leading zeros)
Beneficiary Name: The name of your account as it appears on your statement

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Domestic Wire Transfer to People’s United Bank

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your People’s United Bank account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name : People’s United Bank
Wire Transfer Routing Number: 221172186
Account Holder Name: Your Name
Account Number: Your Bank Account Number
Bank Address, with City & State: People’s United Bank
850 Main Street,
Bridgeport, CT 06604
(regardless of where your account is located)

Wire Transfer Fees for People’s United Bank

International and Domestic Wire Transfer Fees for People’s United Bank are as follows:

International Incoming $15 for each transaction
Outgoing $40 for each transaction
Domestic Incoming $15 for each transaction
Outgoing $30 for each transaction

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Sending Wire Transfer From People’s United Bank

To transfer funds to an International/Domestic account from your People’s United Bank account, you need to fill Wire Transfer Request Form which can be availed from any People’s United Bank branch.

  1. Complete all fields on this form as per Wire Transfer Instructions.
  2. The completed and signed Wire Transfer form can be provided to any of People’s United Bank branch.
  3. Keep the Wire Transfer Disclosure for your records.
  4. Wire transfer requests must be received and confirmed by cut-off time of People’s United Bank.
  5. There is a fee for sending a wire transfer.

Note: For international wires requested after People’s United Bank daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for People’s United Bank

  1. Wire transfer daily cut-off time for International wire transfers is 5 p.m. ET
  2. Wire transfer daily cut-off time for Domestic wire transfers is 5:30 p.m. ET
  3. Requests received after cut-off time will be processed the next business day.