A wire transfer is an electronic transfer of available funds from one financial institution to another. Citizens provides full service wire transfer processing for our business customers. Depending on your individual business needs, arrangements can be made to transfer funds electronically, both domestically and internationally.
Wire Transfer Features
- Fully automated, safe way to transfer funds.
- There is no fee for Incoming Wires.
- The fee for outgoing Domestic Business Wires is $20.
- The fee for outgoing Foreign Business Wires is $50.
- Wire transfers are not available on weekends or on Federal Reserve Holidays.
Wire Transfers using Business Online Banking
- Business wire transfer requests can be executed using Business Online Banking anywhere you have an internet connection.
- Recurring wire templates can be customized to reduce keystrokes.
Information needed for an outgoing wire transfer
- Beneficiary’s Name and Address
- Beneficiary’s Bank Name, Address and Routing Number
- Beneficiary’s Account Number
- Amount to be Wired
- Citizens account number to be debited
How to perform an outgoing wire transfer
- Request a wire transfer through our Business Online Banking System.
- Visit any Citizens location.