Wire Transfer Resources

Wire Transfer Simplified via Digital and Mobile Banking

When you need to send or receive money, a Wire Transfer lets you do so quickly and securely. This method of electronic funds transfer is from one person or entity to another. It can involve institutions within the United States (domestic) or outside the United States (international).

These institution-to-institution transfers might be your only option when transacting large amounts or sending funds abroad. For example, if you are buying a house, an agent may require you to wire the funds for your down payment and closing costs instead of submitting a check.

For related fees, cut-off times, and other details, check out our Wire Transfer FAQs and the information provided below.

• Submit a Wire Transfer Request

  Get Started

  1. Log in to your account via Digital Banking or Mobile App.
  2. Click Wire Money from the Transfer & Pay tab navigation
  3. Select New Wire Transfer located below the Menu.

  

• Domestic Wires — Information Needed

   Provide the following information for the individual or business receiving the funds:

  1. Recipient Information (use the "special instructions" field to add relevant information needed to process the request or route the funds.

  Recipient Financial Information 

  • Receiving Institution’s 9-digit Routing Number (ABA/RTN) 
  • Add the Intermediary Institution (Optional) if provided/instructed to do so.

  Click Next

  

  2. Amount and Funding Source: 

  • Enter the Amount to send via Wire Transfer 
  • Select the Funding Source (the account you want the funds debited from)

  Click Next
   

  

  3.    Review and Submit

  • Carefully Review the Details for Accuracy and Disclosures on the Summary Screen
  • Click Accept and submit 

  

• International Wires — Information Needed

  1. Type in the following information for the individual or business receiving the funds:

  Recipient Information

  • Individual or Business Name and Address 
  • Purpose of Payment: Notate the reason for the wire or relevant information needed to correctly process the request or route the funds
  • Individual or Business Account Number
  • Receiving Institution’s SWIFT Code or Bank Identifier Code (BIC) and Country 
  • Receiving Institution’s Name and Address
  • Optional: Add the Intermediary Institution if provided/instructed to do so    

  Click Next

  Please note some countries that require an additional code include:

  • United States: Routing Number or ABA Number
  • Canada: Transit Number
  • United Kingdom: Sort Code
  • Australia/New Zealand: BSB Code (Bank State Branch)
  • India: Indian Financial System Code (IFSC)
  • Hong Kong: Hong Kong Branch Code
  • Singapore: Singapore Branch Code
  • South Africa: Routing Code

  

  2.    Amount and Funding Source: 

  • Enter the Amount to send via Wire Transfer 
  • Select the Funding Source (AKA the account you want the funds debited from)

  Click Next

  

  3.    Review and Submit

  • Carefully Review the Details for Accuracy and Disclosures on the Summary Screen
  • Click Accept and Submit 

  

• Add Special Instructions To Your Request

  Use this section to add relevant information needed to correctly process the request or route the funds such as a Purchase Order or Invoice Number. This section is a must if you are wiring funds to an Escrow account.*

  When the member clicks on Add special Instructions this will then change to Special Instructions (Optional) 

  
  Here the member can type any relevant information needed to complete the wire.  The box will expand to fit the contents entered, up to 120 characters.

  
  

  *This is also referenced on the Wire Request Form where it states For Escrow/Title Co.

• How is a SWIFT code formatted?

  A SWIFT/BIC code consists of 8-11 characters and follows a format that identifies your bank, country, location, and branch.

  

  1 – Bank code (4 letters)

  • The first four letters represent the bank and usually look like an abbreviated version of the bank name.

  2 – Country code (2 letters)

  • These two letters indicate the country where the bank is located.

  3 – Location code (2 letters or numbers)

  • These two characters designate the location of the bank’s main office.

  4 – Branch code (3 digits)

  • These 3 digits identify a specific branch. ‘XXX’ is used for a bank’s head office.
• Wire Transfer FAQs

  
  Q. What are the benefits of the wire transfer method? 
  A. There are several reasons someone may choose to wire funds, but most members appreciate this option's added security and convenience.

  Q. Does First Entertainment charge a fee for sending or receiving funds via wire transfer? 

  A. The fee amount assessed depends on the type of Transfer:

  Incoming	Outgoing
  Domestic: $0 International: $30 (Assessed by Western Union)	Domestic: $25 International: $50

  Q. By what time do I need to submit a wire transfer request for it to go out the same day?
  A. The cut-off time for same-day wire processing is noon PST for both international and domestic wires. Any requests submitted after that time will be processed the next business day.

  
  Q. How do I submit a wire transfer request?
  A. Transfer requests can be submitted via Digital Banking or the Mobile App by clicking on the “Transfer & Pay” option in the navigation bar. You can also submit a wire transfer in person at any First Entertainment branch.

  Q. What information is required to wire funds?
  A.1. Domestic wires require the following recipient information for the person or entity receiving the funds:

  • Name and address of individual or business 
  • Account number of individual or business
  • Receiving institution's name and address
  • Receiving institution's nine-digit routing number (ABA/RTN) 

  
  A2. International wires require the following recipient information for the person or entity receiving the funds:

  • Name and address of individual or business
  • Receiving institution's name and address
  • Receiving institution's eight- or 11-digit SWIFT or Bank Identification Code (BIC). 
  • Account number or International Bank Account Number (IBAN). The IBAN is used to identify bank accounts across national borders and may be required by the recipient's financial institution. 

  Some countries that require an additional code include:

  • United States: Routing number or ABA Number
  • Canada: Transit number
  • United Kingdom: Sort Code
  • Australia/New Zealand: Bank State Branch Code (BSB)
  • India: Indian Financial System Code (IFSC)
  • Hong Kong: Hong Kong Branch Code
  • Singapore: Singapore Branch Code
  • South Africa: Routing Code

  Q. Can I cancel my wire once it has been submitted? 
  A. Please contact us at 888.800.3328 during regular business hours for assistance.

  Q. When does the recipient typically receive the funds sent via international wire transfer?
  A. Generally, it takes about two to three business days for the funds to post to the recipient's account. However, it can take up to 10 business days.

  Q. Why was my wire transfer delayed? 
  A. Most institutions process requests immediately. However, if there is a delay, it can be due to any number of reasons:

  • Security checks 
  • Timing of the transfer 
  • Weekend or bank holiday
  • Currencies/countries involved
  • Global event or natural disaster
  • Incorrect or missing information or paperwork

  Q. What do I do if a recipient does not receive the wired funds? 
  A. Please request a SWIFT copy of your wire from the originating financial institution to verify that the correct wire procedures and instructions were followed. 

  Q. What is your SWIFT, BIC, or IBAN Code so I can receive an international wire transfer?
  Since we are not an international financial institution, we do not have a SWIFT, BIC, IBAN Code, or CLABE.

  Please use our routing/transit number, which is 322274158.

  The international bank should forward the wire transfer through the Federal Reserve Bank (FRB). If this bank cannot go directly through the FRB, they will need to go through an intermediary bank of their choosing.