Wires
Cross River wires solution
Wire transfers serve as a reliable method for both domestic and international payments. As a Cross River customer, you can transfer money electronically to a recipient, who can typically access the funds on the same day.
Wire transfers are conducted through Fedwire®, which is operated by the US Federal Reserve. When a wire payment is accepted and acknowledged by the Federal Reserve, it is assigned an Input Messaging Accountability Data (IMAD) number, allowing you to track the payment via the FedWire Funds Transfer system.
For both outbound and inbound international wire transfers at Cross River, transactions are processed through a domestic intermediary bank using Fedwire. Additionally, to send or receive international wires in USD, you must contact the beneficiary bank to obtain the necessary wire transfer instructions.
What Cross River offers
- Outbound wires: Send a payment to an account outside Cross River
- Inbound wires: Receive a payment from an account outside Cross River
- Fedwire: Full support is available for wire transfers.
- Domestic and international: Account funding using wire transfers.
- Drawdown request: Request funds from an account outside Cross River to be sent to a Cross River account.
- Drawdown response: Respond to a request for funds received from an account outside Cross River.
Find out more
- Holds
Tutorials
See our tutorials to learn how to:
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