If you need to send money from your Santander account to someone with an account at another bank, and if that money needs to get there in a hurry, your best option is a wire transfer. You cannot send a wire transfer online, so you will need to go to a Santander location and send it in person.
Santander provides customers with a suite of banking tools and resources. If you need to send money from your Santander bank account to somebody with an account at another bank, and if you need that money to get there as soon as possible, you should send a wire transfer. This article will teach you how to send one.
There are multiple ways to transfer money from one bank account to another. A wire transfer is the fastest way. Because a wire transfer is simply a direct electronic transfer of funds from one bank to another, it can get to where it's going in as little as an hour. However, you have to pay for a wire transfer, so it's best to use them only when speed is of the essence and the amount of the transfer is high enough to justify paying the fee.
Although Santander allows you to make some kinds of transfer online, a wire transfer is not one of them. To send a wire from your Santander account, you are going to have to go down to a Santander branch in person and fill out all of the appropriate paperwork there. You will need to bring to following information with you:
Please note that you will have to pay a $25 wire transfer fee at the time you send it. Santander does not offer pay-on-receipt wire transfers.
The cut-off time for both domestic and international wire transfers is 6 p.m. Eastern Standard Time, Monday through Friday. Any wires received after that time will be processed on the next business day.
Domestic wire transfers should take no more than four hours to reach their destination. International wire transfers may take more than a day.
If you have questions about wire transfers, ask a Santander customer service representative. You can reach one on the help forum or by phone.
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