How to do a wire transfer m&t bank

Q: Can I do my own wire transfer?

Choose a Wire Transfer Provider Depending on the banks policies for wire transfers, you may be able to initiate a transfer online, or you could do so in person by visiting a branch. With a non-bank wire transfer provider, you may be able to wire money using your debit card, bank account, or credit card.

This feature is for domestic wire transfers only. International wire transfers must be completed at a U.S. Bank branch. We encourage you to make an appointment to allow time for questions and processing.

Índice Show

When would I use a wire transfer?
Where can I send a wire transfer?
What else should I know about wire transfers?
Empower yourself with financial knowledge
Here’s how to send a domestic wire transfer:
Here’s how to send an international wire transfer:
How do I do a wire transfer to someone?
What do I need to send a wire transfer?
How do I send a wire transfer online?
Can I do my own wire transfer?

There are numerous options for sending money, such as checks, mobile apps, and electronic transfers, for different types of needs. When speed and simplicity are top priorities for a money transfer, wire transfers may be a good option.

A wire transfer is a method of transmitting money electronically between people or businesses in which no physical money is exchanged. The sender is the one who provides all the instructions for the transfer, which may include the recipient’s name, bank, account number, amount, and sometimes a pickup location. The wire transfer can be facilitated by a bank (sometimes referred to as a “bank wire”) or by a nonbank money transfer provider.

When would I use a wire transfer?

Wire transfers are common for both domestic use in the U.S. and international use. They are popular for international transfers because they are easy to exchange to a foreign currency, if needed.

They are also a good option if:

You need to complete a transfer urgently. Most domestic transfers are processed on the same day, and international transfers are typically completed within a few days (depends on country).
You need to move large amounts of money. Though limits vary based on the money transfer provider, they tend to be high. For this reason, wire transfers are often used to pay invoices, to send funds among family, or for real estate transactions.

Where can I send a wire transfer?

Though you can send wire transfers to both domestic and international recipients, fees vary according to provider, destination, and the dollar amount transferred.

The information you need to supply varies depending on whether you are using a bank provider or a nonbank provider:

When sending a domestic bank wire, you will need to provide the recipient’s name, address, bank account number, and ABA number (routing number).
When sending an international bank wire, you will need to provide the recipient’s name, address, banks SWIFT BIC, and bank account number, plus the International Payments System Routing Code, for certain countries (you will be prompted for this).
For a transfer made via a nonbank provider, a bank account number may not be necessary, but the provider will need the recipient’s name and the pickup location.

These methods are similar in terms of security.

What else should I know about wire transfers?

Take care to determine that a wire transfer is valid and appropriate as wires are final and cannot be canceled once the transfer is initiated.
Familiarize yourself with the fees that apply to your wire transfer before initiating a transaction as the amounts vary depending on the provider, destination, mode of sending money, and amount of money being transferred. If you are sending a wire in foreign currency, you should also pay attention to the amount of the exchange rate as the amount of the exchange rate can vary among providers.

When you practice due diligence with regards to security, wire transfers can be an easy, convenient way to transmit money. Learn more about wire transfers.

Empower yourself with financial knowledge

We’re committed to helping with your financial success. Here you’ll find a wide range of helpful information, interactive tools, practical strategies, and more — all designed to help you increase your financial literacy and reach your financial goals.

Learn how to send wires using the Chase Mobile® app on your phone

Here’s how to send a domestic wire transfer:

After signing in, tap "Pay & Transfer"
Tap "Wires & global transfers"
Choose or add your recipient and tell us the account you would like to wire funds from
Enter the wire amount and date, then tap "Next"
To complete, review details and tap "Schedule Wire" then "Close"

Here’s how to send an international wire transfer:

After signing in, tap "Pay & Transfer "
Tap "Wires & global transfers"
Tap the arrow to expand the foreign exchange rate calculator
Tell us if your recipient is an individual or business
Choose the Pay from account and Country
Enter the amount of your wire transfer in U.S. dollars (USD) and tap "Send money"
Choose or add your recipient and the date you’d like to send your wire
Enter any additional information and tap "Next"
To complete, review the details tap "Schedule Wire"

How do I do a wire transfer to someone?

You can usually initiate a bank-to-bank wire transfer in person at your bank or financial instruction's local branch or through your online bank account. You'll usually need to provide the recipient's full name, contact information, and bank account details such as routing and transfer numbers.

What do I need to send a wire transfer?

When sending a domestic bank wire, you will need to provide the recipient's name, address, bank account number, and ABA number (routing number).

How do I send a wire transfer online?

What will I need to make a wire transfer online?.

The full name, address and phone number of your receiver..

Information about the receiver's bank, including the institution's name and address..

Your receiver's bank account and routing number to help identify the correct account..

Can I do my own wire transfer?

Choose a Wire Transfer Provider Depending on the bank's policies for wire transfers, you may be able to initiate a transfer online, or you could do so in person by visiting a branch. With a non-bank wire transfer provider, you may be able to wire money using your debit card, bank account, or credit card.