Wire Transfers

• Outgoing Wire Transfers
• Electronic transfer of funds
• Most financial institutions will post a wire transfer the following business day
• Low fee when sending funds ($20 for domestic wires)
• Send a wire transfer online through our secure Digital Banking platform
• A service that allows members to transfer funds between Firstmark Credit Union and an account at another financial institution

Receiving a Domestic or International Wire Transfer:

• Receiving Bank: Firstmark Credit Union
• ABA/Routing Number: 314088556
• Address: 2023 Gold Canyon Drive, San Antonio, TX 78232
• Beneficiary Name: Member’s name as it appears on your Firstmark account
• Account Number: Member’s 13-digit account number
• Incoming Fee: $0, though the sending financial institution may charge to initiate transfer
• Expected Wire: Same-day processing if received by end of business day

Sending a Domestic Wire Transfer

• If Firstmark is unable to process your wire request, you may receive a secure message within Digital Banking or a phone call from one of our representatives
• To send a wire, you will need: name, address, account number of your recipient, name of recipient bank, and routing number.
• For security reasons, we may attempt to call you to verify your wire instructions
• Requests received and verified before 4 p.m. CT on a business day will process the same day
• Requests received and verified on Saturday and Sunday, a holiday, or any time after 4 p.m. Monday-Friday, will be processed the next business day
• Domestic wire transfer fee is $20

Sending an International Wire

• To send an international wire, you will need:
  • Receiving bank SWIFT/ BIC number and bank address
  • Recipient’s name, address, and account number
  • Any beneficiary references (loan number, GF#, etc.)
  • International Bank Account Numbers are required on all international wire transfers to European countries
• For security reasons, we may attempt to call you to verify your wire instructions
• Requests received and verified before 2 p.m. CT on a business day will process the same day
• Requests received on Saturday and Sunday, a holiday, or any time after 2 p.m. Monday-Friday, will be processed the next business day
• International wire transfer fees can range from $55 – $80 based on receiving bank
• A disclosure with expected arrival date range and fee will be provided

A wire transfer generally cannot be canceled, so make sure you know the person you are sending money to.

• Real Estate Wire Scams occur when a person who is buying or refinancing a home wires money to a scammer’s account based on false wiring instructions received in a fraudulent email – to avoid this scam, confirm wiring instructions with your lender

• Purchase Scams occur when you are purchasing products or services online from an unknown source – to avoid this scam, know the person/company you are purchasing from and use a credit card to pay for items online

• Romance Scams occur when you meet someone typically online and begin a relationship where your online interest begins to ask for money or help with costs and with promises of coming to see you – to avoid this scam, only send a wire to someone you know or an established business you have a relationship with

• Business or Investment Scams occur when you are approached with a lucrative investment or business opportunity where you will be directed to act quickly in the promises of receiving a larger amount in return – to avoid this scam, do your research and only conduct business with legitimate businesses

If you are a victim of a wire transfer or an online payment scam, there is no guarantee that you can get your money back. Report it to your financial institution immediately. You can also report the scam to the Federal Trade Commission (FTC) at www.ReportFraud.ftc.gov or visit www.consumer.ftc.gov to find more tips and learn how to avoid scams.