Wire Transfers

BANK SERVICES

Move funds quickly and securely.

Wire transfers provide the fastest way for your business to send money electronically, to both business and personal accounts, in the US and around the globe.

What are the benefits?

Wire transfers provide same-day, near-immediate transfer of funds (unlike ACH which provides next-day transfer of funds).

Domestic wires generally arrive at the recipient bank the same business day, if sent by 3pm CST on bank business days.
International wires generally arrive at the recipient bank within two business days, if sent by 3pm CST on bank business days.

How to send domestic or international wires

Visit your nearest Old National Banking Center to send money to both personal and business accounts in the US and countries worldwide.
As an Old National Treasury Management ONPointe^TM client, you can conveniently initiate secure wire transfers from your own computer, along with creating templates for frequently sent wires. Learn more about ONPointe.

If your company regularly sends international wires

You could benefit from establishing a relationship with the Old National Bank Foreign Exchange (FX) Department. Along with helping clients make and receive payments in foreign exchange, we can assist with ways to mitigate exchange rate risk. Contact our FX Department directly at 1-800-704-3084.

Wire transfer fees

Fees may vary for wire transfers sent via ONPointe.

Answers to frequently asked questions

Should I send my international wire in US dollars or foreign currency?

If you do not know the currency of the receiving account, you should send in US dollars. If you do know the local currency of the receiving account, it is best to send your wire in that foreign currency. Your recipient (in most instances) will receive the funds sooner than if you sent the funds in US dollars. In addition, initiating your transfer in local currency will allow you to see the exact exchange rate and lock it in up front.

What if I send international wires on a regular basis?

Talk with us about the possibility of establishing a relationship with the Old National Bank Foreign Exchange (FX) Department. Contact the FX Department directly at 1-800-704-3084.

What is Old National’s cut-off time for wire transfers?

The daily cut-off time for all wire transfer requests is 3 pm CST on bank business days. A business day is every day except Saturday, Sunday and federal holidays.

When will Old National process my wire transfer?

If you initiate a domestic wire transfer before the cut-off time (3 pm CST) on bank business days, Old National Bank Wire Services will process the transaction the same day. Domestic wire transfer transactions generally arrive at the recipient bank the same business day.
If you initiate an international wire transfer before the cut-off time (3 pm CST) on bank business days, Old National Bank Wire Services will process the transaction the same day. However, depending on certain factors, international wires can take anywhere from 2 to 5 business days to reach the recipient account.
If you initiate a wire transfer on non-bank business days, or after the cut-off time* on bank business days, we will process the transaction the next bank business day. The wire transfer will be debited from your Old National debit account on the day the transfer is initiated.

Can wire transfers be debited from any Old National account?

Wire transfers can only be debited from your checking or savings account.

Can I send future-dated wire transfers?

US dollar wire transfers can be scheduled in advance. Wires sent in a foreign currency cannot be scheduled in advance due to fluctuations in currency rates.

What is the Old National SWIFT code?

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) code is a unique identification code that may be required for the completion of International Wire Transfers. The Old National SWIFT code is OLNAUS44.

What information do I need to send a wire?

Outgoing Wires

Requirements for outgoing wire

Notices & Disclosures

Wires going to foreign countries require different numbers depending on the receiving foreign country.

1. For international wires you may need a country-specific account structure, for example a CLABE for Mexico or an IBAN. Other countries might require a SWIFT Bank Identifier Code or a National ID with the recipient’s account number.

2. All wire transfer payments should include a SWIFT Bank Identifier Code or a National ID as applicable, and for participating countries the beneficiary’s International Bank Account Number (IBAN). Mexican banks require a CLABE number in addition to the SWIFT BIC.

What information do I need to provide to receive a wire?

Incoming Wires

Requirements for incoming wire

For Eurodollar (EUR), British Pound Sterling (GBP) and Canadian Dollar (CAD) incoming wires, please visit an Old National banking center for instructions.

Notices & Disclosures

3. The name on your account, as it appears on your statement.

Learn about wire transfers for individuals.

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Move funds quickly and securely.

What are the benefits?

How to send domestic or international wires

If your company regularly sends international wires

Wire transfer fees

Answers to frequently asked questions

Should I send my international wire in US dollars or foreign currency?

Should I send my international wire in US dollars or foreign currency?

What if I send international wires on a regular basis?

What if I send international wires on a regular basis?

What is Old National’s cut-off time for wire transfers?

What is Old National’s cut-off time for wire transfers?

When will Old National process my wire transfer?

When will Old National process my wire transfer?

Can wire transfers be debited from any Old National account?

Can wire transfers be debited from any Old National account?

Can I send future-dated wire transfers?

Can I send future-dated wire transfers?

What is the Old National SWIFT code?

What is the Old National SWIFT code?

What information do I need to send a wire?

What information do I need to send a wire?

Outgoing Wires

What information do I need to provide to receive a wire?

What information do I need to provide to receive a wire?

Incoming Wires

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