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Wire Transfer

Wire Transfer

When you have an urgent need to send money fast, LGFCU offers Wire Transfer services.

  • Transfers are made through a direct, electronic link with the Federal Reserve.
  • Transfers are made only between financial institutions.
  • To send money from one individual to another, the financial institution of the sender will wire the funds to the financial institution of the receiver. The funds are then disbursed as directed. The Credit Union can receive and send wire transfers. Wire transfers may be transmitted throughout the day.
  • To send a domestic wire transfer within the U.S. the cost is $6.00.
  • To send an international wire transfer the cost is $25.00.
  • To receive a wire transfer is free.
Before you head out to your branch, make sure you call the financial institution where you are wiring the money and get the routing numbers and account numbers. Also find out if an intermediary financial institution will handle the transfer. Then bring your Driver's License or Identification Card and the information for the other financial institution to the branch.



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