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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 CT (4pm CT using ONPointe) on bank business days.
- International wires generally arrive at the recipient bank within two business days, if sent by 3pm CT (4pm CT using ONPointe) 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 ONPointeTM client, you can conveniently initiate secure wire transfers from your own computer, along with creating templates for frequently sent wires. Learn more about ONPointe.
- Enroll in telephone wire transfers, where you will use a PIN to authenticate your request when you contact our Wire Transfer department.
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
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.
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.
The daily cut-off time for all wire transfer requests is 3pm CT (4pm CT using ONPointe) on bank business days. A business day is every day except Saturday, Sunday and federal holidays.
- If you initiate a domestic wire transfer before the cut-off time 3pm CT (4pm CT using ONPointe) 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 3pm CT (4pm CT using ONPointe) 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.
Wire transfers can only be debited from your checking or savings account.
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.
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.
Outgoing Wires
Incoming Wires
For Eurodollar (EUR), British Pound Sterling (GBP) and Canadian Dollar (CAD) incoming wires, please visit an Old National banking center for instructions.
Learn about wire transfers for individuals.
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