What is the Fee for a Wire Transfer

Wire transfer fees are established at the discretion of the bank instructed to send or receive the wire transfer.  Wire transfers are a common means to transfer funds to and from a bank account both domestically and internationally.  With most banks, wire transfers can be conducted online, by contacting a bank customer service representative by phone or by visiting a local bank branch. 

Wire transfer fees vary from bank to bank and may vary based on the method used to perform the wire transfer such as in branch or online.  Wire transfers will also vary depending on whether the transfer is a U.S domestic transaction or involves an international wire transfer.  Banks may also have different wire transfers fees for the incoming account and the outgoing account held at the bank where the wire is preformed or received.  Current wire transfers with major banks in the U.S. include:

Chase Bank charges $25.00 for domestic, outgoing wire transfers online and $30.00 if the wire transfer is conducted in a branch.  The bank also charges a $15.00 wire transfer fee for incoming domestic and international incoming wire transfers.  The wire transfer fee for international outgoing wire transfers is $45.00 if it is made at the branch or $40.00 if it is made online.

US Bank charges $20.00 for incoming, domestic wire transfers and $25.00 for incoming, international wire transfers.  US Bank has different fees for the outgoing account, there is $30.00 fee for outgoing, domestic wire transfers and $50.00 for outgoing, international wire transfers.

Citibank regular account wire transfers include a $10.00 fee for incoming domestic and international wire transfers, an $18.75 fee for outgoing online domestic wire transfers, a $25.00 fee for outgoing domestic wire transfers, a $30.00 fee for outgoing online international transfers and a $40.00 wire transfer fee for outgoing international transfers.

Wells Fargo Bank charges a fee of $15.00 for an incoming domestic or international wire transfer and $45.00 for an outgoing wire transfer either domestic or international.

The wire transfers fees at PNC Bank include a $15.00 fee for incoming, domestic and international wire transfers and $25.00 for outgoing online domestic wire transfers.  Outgoing international wire transfers at PNC incur a fee of $45.00.

These are sample fees for consumer checking accounts.  The current wire transfer fees may be higher or lower depending on the type of account held at the institution or other products and services a customer may have with the bank.

The bank and bank fee information is believed to be reliable, but the information is not guaranteed.  Contact the bank directly for the most up to date and accurate information on bank fees and wire transfer services.

This entry was posted on Tuesday, February 19th, 2013 at 3:09 pm and is filed under Select Rates Questions and Answers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.