Sending Wire Instructions
To wire funds from your Somerset Federal Credit Union account to another financial institution, please provide us with the following:
|Routing Number / ABA:||Wire routing transit number of the financial institution that will receive the funds.|
|Financial Institution’s Name:||For Example: ABC Bank|
|Financial Institution’s Address:||Street, City, State and Zip Code|
|Beneficiary account number:||This is the account where the funds will be deposited.|
|Beneficiary name:||The name of the person who owns the account where the funds will be deposited.|
|Beneficiary address:||The address of the person who owns the account where the funds will be deposited.|
You may request outgoing wires in-person or by phone.
For wires requested in-person:
- Visit us during normal business hours with a form of ID.
- You may wire an amount up to the available funds in your account.
For wire requests received by phone:
- We will fax/email a wire form to you. Complete the form, have it notarized and return it to us along with a copy of your state issued driver’s license.
- There is a $1,500 limit on requests not done in person. Wires are sent from your account throughout the day. Wire requests received after 4:00pm (Eastern Standard Time) will be processed the next business day.
You can request to have a detailed confirmation sent via fax or email once the wire has been successfully sent. We cannot predict when the receiving financial institution will deposit the funds into the beneficiary account.
Refer to separate fee schedule.