Secure Electronic Funds Transfers
Move Money Around The World
- Quick and reliable
- Electronic transfers are done safely with extra security
- Wire transfers can be monitored and initiated from within Business Online Banking
Frequently Asked Questions:
What are wire services in banking?
A wire transfer is an electronic payment service for transferring funds by wire, for example through SWIFT, the Federal Reserve Wire Network or the Clearing House Interbank Payments System.
Is a wire transfer the same as a bank-to-bank transfer?
ACH transactions are often free, but they are not immediate. A wire transfer, on the other hand, is a direct bank-to-bank transaction that allows you to move money from your account directly into the account of someone else.