Wire Transfers

While there are many ways of transferring funds these days, such as paper checks, mobile apps, and electronic transfers—wire transfers still remain a preferred way of transferring funds electronically between people, businesses, and banks.

How Wire Transfers Work

Wire transfers are fast, secure, and easy to make. If you need to transfer funds, you will provide us with the amount and destination, such as the recipient’s name, bank, address, and account number.

In some cases, you might designate a particular location, such as a business, where the recipient can access the funds and may need to provide the other bank’s SWIFT BIC and the International Payments System Routing Code.

Sometimes referred to as a “bank wire” or a “remittance transfer,” they’re popular for domestic and international transfers. They may be used to pay suppliers, for business transactions, or to help out a family member or friend.

Transfers Made Quickly

• Most transfers take just one business day in the United States.
• It usually takes one to five business days to send money to another country, depending on the location.
• Transfers to Europe are usually handled quickly, but it can take longer when sending funds to less developed parts of the world.
• Transfer fees are based on the destination, the amount being transferred, and the wire transfer provider.

We Make It Easy to Wire Money

Domestic and international wire transfers can be initiated* by visiting your local branch, by telephone**, or safely and securely through our online portal. If you have any questions or would like to set up a wire transfer, please contact a local Marion Community Bank in Clanton, Maplesville, Selma, Marion, Jemison, or Montgomery.

‍*Cutoff time (3 pm Central Time)

**Must have a wire transfer agreement on file.