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Send a wire transfer

How to


Send a wire transfer

 

From here to almost anywhere, transfer your money hassle-free. In this article we outline the information you need to collect and steps you will have to take to send and receive wire transfers.


How do I send a wire transfer?

 

To send a wire transfer to another account you will need to visit your local branch or contact us and provide the following information about the beneficiary’s account:

  1. Sender’s full name and residential address
  2. Beneficiary’s full name and residential address
  3. Destination bank information, meaning full bank name, address, phone, transit number, and bank account number
  4. Destination bank identifier codes, meaning BIC/SWIFT code or sort code, as well as IBAN (Europe), CLABE (Mexico), or ABA routing number (USA)
  5. Intermediary bank information, meaning SWIFT code or ABA routing number and full address. If an intermediary bank is required for the processing of the wire the receiving bank will provide you with the necessary information.


How do I receive a wire transfer?

 

To receive a wire transfer you will need to provide the sender with specific banking information. East Coast Credit Union has specific routing instructions forms that correspond to different origins that you can download and complete, so that you have all the necessary information in one place.

For transfers coming from within Canada, use the domestic incoming wire transfers form. For international transfers made in Canadian dollars, use the international incoming wire transfers form, and for transfers coming from the United States in American dollars, use the USD incoming wire transfers form.


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