A fast and secure way to send and receive money
Use wire transfers to send money, to family members or businesses, in the US and around the world. Don't forget, it's an easy way to receive money too!
What are the benefits of wiring funds?
- Wire transfers are secure and convenient. Plus funds typically arrive sooner compared to other methods of sending and receiving money.
- Domestic wires (those sent within the US) 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. We can assist you with sending International wires either in US dollars or the currency of the destination country.
- Wire transfers can be debited directly from or deposited directly to your Old National checking or savings account.
Wire transfer fees
Learn about wire transfers for business.
Answers to your wire transfer questions
If you do not know the currency of the receiving account, you should send in US dollars. If you do know the foreign currency of the receiving account, there are benefits to sending it that way. 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 the recipient's local currency will allow you to lock in the exchange rate up front. You will see the exact exchange rate when you initiate a transfer.
- If you initiate a domestic wire transfer before the cut-off time (3 pm CST) on bank business days, we will process the transaction the same day. Domestic wire transfers 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, we 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.
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.