How To Bank Wire Transfer. This article will walk you through the steps of your various options so you can quickly figure out how to get your money from one corner of the world to the other. A wire transfer is an electronic transfer from one bank or credit union to another.
How soon can an international recipient receive the funds from a wire transfer?
A wire transfer can be one of the more expensive ways to send money, especially through banks.
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Bank-to-bank transfers require both the sender and the recipient to be account holders at their respective banks or credit unions. The wire transfers will be made under the currency exchange rate set forth by the bank, which is likely to be higher than the actual exchange rate. How to do a Chase bank wire transfer (instructions).
