A wire transfer is the direct movement of funds between credit unions and other financial institutions. Upon receipt, funds are typically made available immediately. Members may initiate a wire transfer in a branch by visiting one of our four locations or via remote channels. In this section, we will discuss how to initiate and / or receive a wire transfer.  

Key Takeaways

• Wire transfers are free to Amplify members. 
• Wire transfers may be initiated by visiting a branch or by calling us at (512) 836-5901. 
• Payments can now be received in foreign currencies. 
• Cut off time to submit a wire request is 4:00 pm CST, Monday – Friday.  Requests received after this time or on Saturday will be processed the next business day. 
• International wires may only be sent from a business account.  

How much do wire transfers cost? 

As part of our commitment to fee-free banking, Amplify credit union does not charge any  transaction fees on personal or business wire transfers. 

While you will never be charged by Amplify for sending or receiving a wire transfer, you may be charged a fee by the receiving financial institutions. Please check with your recipient for more information about possible bank fees.

How do I send a domestic wire transfer?

To send a domestic wire transfer, you may visit us in a branch or call us at (512) 836-5901. To send a wire transfer you will need:

• The recipient's (individual or business) name, account number, phone number, and address.
• The recipient's bank name, ABA/routing number, and bank address

Requests will be processed during normal businesses hours, and any requests received outside of normal businesses hours will be processed the next business day.

Please note that Amplify uses DocuSign to collect signatures and member information for our wire transfers. For a detailed walkthrough of the DocuSign process, please review the How to Complete a Domestic Wire Transfer Form article in our Help Center.  

How do I receive a domestic wire transfer?

To receive a wire, you will need to provide the following information:

If you need assistance locating your account number or would like to speak to someone about wire transfers, please call our team at (512) 836-5901 or (800) 237-5087.

How do I send an international wire transfer?

Outgoing international wire transfers are a service only available to Amplify business members. Because international requirements may vary by country, senders should work with their recipients to obtain the proper financial institution payment instructions and meet all local documentation requirements.

Amplify business members can also request outgoing foreign exchange payments to ensure that international wire transfers are received in the local currency.

• Foreign exchange payments can only be initiated at an Amplify branch or within online banking for businesses who have enabled wire transfers with our commercial banking team. 
• The amount received by the beneficiary may be reduced by exchange rate changes, foreign taxes, intermediary or correspondent bank fees, or other charges assessed by parties involved in this transaction.

If you have additional questions about foreign exchange payments, please schedule time with our commercial banking team here. 

How do I receive an international wire transfer? 

Amplify can receive incoming international wire transfers in U.S. dollars or in foreign currencies through our foreign exchange (FX) provider. Incoming payments sent in a foreign currency must be processed by ourprovider, who will convert the funds to U.S. dollars prior to Amplify crediting your account.

To obtain the correct payment details, complete our Incoming Payment Instruction Form. As with outgoing international wire transfers, the amount you receive may be reduced by exchange rate changes, third-party fees, or foreign taxes associated with the transaction.

Incoming payments sent in U.S. dollars can be transferred directly to Amplify using the following information:

If you need assistance locating your account number or would like to speak to someone about international wire transfers or currency exchanges, please call our team at (512) 836-5901 or (800) 237-5087.