Wire transfers move funds between institutions. Credit unions can wire funds to, and from, a financial institution for deposit into your MY CU Services’ settlement account or at the institution of your choice.
Your credit union can transfer funds, on behalf of your members, to any financial institution capable of receiving funds. Credit unions can also wire funds to other institutions to complete purchases, such as investments.
The cut-off time for submitting and approving domestic wires is 4:30 p.m. ET for same-day transfers.
Domestic wires can be set up as recurring templates for credit unions that do wires with the same instructions on a periodic basis.
An international wire transfers funds from your credit union to another financial institution across international boundaries.
All international wires must be initiated and approved through our online system. The deadline for initiating and approving international wires is 3:00 p.m. ET for same-day processing.
Funds can be sent in U.S. dollars or foreign currency. Exchange rates are available in our online system.
If your credit union is interested in more information, please contact our sales team at (888) 985-7280 or firstname.lastname@example.org.