International Wire Transfers

International wire transfers are a fast, safe, and inexpensive way to send money overseas. You can choose to wire funds on a periodic or occasional basis to locations around the globe. Transfer requests can be made via mail, by facsimile, or in person. In order to expedite these requests, it is recommended that you contact the beneficiary’s financial institution to obtain their preferred wiring and routing instructions before submitting your request.

Outgoing International Wire Transfers

Please note that, for your safety, BFSFCU has significant security procedures in place for wire transfer requests.  We are committed to begin processing complete e-mail, fax, and e-wire requests within 1 business day of receipt.  Any number of things can increase the time required to process the request, such as insufficient information, verification measures for account security, or the number of intermediary banks.  If you have an urgent wire transfer request, please visit one of our branches by 2 pm on any normal business day to have the request expedited.  Please also note that funds sent by wire transfer may take up to 3 days to arrive at their final destination and take this into consideration when planning to send funds by wire transfer.

International Money Transfer Authorization Form

When requesting a foreign wire transfer, please include the following information.

Sender's Information

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• Your name and signature
  
• Your Account (Member) Number and Account Type (S8, S2.1, etc.) from which the funds are to be withdrawn
  
• Amount in U.S. dollars or in the foreign currency
  
• Date of the requested transfer
  
• A telephone number where you can be reached, for verification purposes
  

Beneficiary's information

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• Name and address
• Bank name and the bank's street address of the bank holding the beneficiary's account
  
• Account number (must be in IBAN format for transfers to most countries in Europe)
  
• Bank ID code — BIC, CHIPS, or SWIFT code identifying Beneficiary's bank
  

Please note: If the intended recipient is someone other than yourself, the transfer request must be confirmed by you in writing or through a fax bearing your signature.

Incoming International Wire Transfers

The Credit Union can receive incoming foreign wire transfers in several currencies.

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Certain terms and conditions apply to incoming and outgoing foreign wire transfers; please contact our Foreign Exchange Office for more information. Fees may apply. Consult our Fee Schedule for pricing information.