How Do I Send a Wire from My Citizens Bank Account?

If you have an account at Citizens Bank and need to quickly transfer money to an account at another bank, you can do it with a wire transfer. To learn how to send a wire transfer, keep on reading.

What Is a Wire Transfer?

A wire transfer is a direct electronic transfer of funds from one bank to another, Because it is not processed by a third party clearinghouse, it's the fastest type of transfer. If you're sending money to another American bank, it should get there on the same day you send the transfer. If you're sending it to a bank in another country, it will take a few days, depending on the country.

However, while wire transfers are fast, they are also expensive. High fees for both sender and receiver usually apply. Wire transfers are most appropriate for very large sums or transfers where time is of the essence. If neither of these situations applies to you, you might want to make a different kind of transfer. Both an ACH transfer and a Zelle transfer are free, although they may take a little longer to get to their destinations.

You can be confident that the wire transfer will be safe. It will be protected by the same safeguards that your bank uses to protect the money in your account.

How to Make a Wire Transfer from Your Citizens Bank Account

To make a wire transfer, you will need to go to a convenient Citizens Bank location and ask a teller to help you make one. There is no online wire transfer option. You can't do it by phone, either. You will need to bring the following things with you:

• A passport, driver's license, or other government-issued ID
• Your Citizens Bank account number
• Your address
• The full name of the recipient
• The recipient's address
• The recipient's phone number
• The recipient's bank's name
• The recipient's bank's routing number (or SWIFT number, if you're making an international transfer)
• The recipient's account number

Wire transfer fees can vary, but they tend to be about $30 for domestic transfers and $40 for international transfers. Your recipient may also have to pay a $20 fee. If the recipient is in a different country, they may have to pay additional fees on top of that.

Contacting Citizens Bank

If you have questions about wire transfers, contact a Citizens Bank customer service representative for help. You can talk to one on the company's help forum or by phone.