E-transfers and Wire Transfers
Wire and Electronic Transfer options for all your needs!
IDB Global Federal Credit Union makes it easy for you to transfer funds within the United States or overseas! We offer simple methods to make transfers- anytime, anywhere, so you can enjoy greater convenience when transferring and managing your funds within Online Banking or on the Mobile App.
Managing your e-transfers and wires is simpler than ever
Move money between your IDB Global Federal Credit Union accounts, accounts you own elsewhere, and even send money to your friends and family! No checks, no cash, and no need to stop at our branch. Just login to Online Banking and try out our e-Transfer options.
Learn more about our transfer options and choose the one that best meets your needs:
| Member to Member Transfers | Between your own checking and savings accounts at the IDB Global Federal Credit Union |
| To another IDB Global Federal Credit Union member | |
| External Transfers | Transfer funds from your IDB Global Federal Credit Union account and an account you have at another financial institution within the United States. |
| Send Money with Zelle® (NEW) | Send money directly between almost any bank account in the U.S., typically within minutes.1 |
| With just an email address or U.S. mobile phone number, you can send money to people you trust, regardless of where they bank.2 | |
| Wire Transfers | To and from other domestic financial institutions |
| To and from international financial institutions |
Member to Member Transfers
Transfer funds between your own IDB Global Federal Credit Union accounts and to other members!
What can you do with member-to-member transfers?
- Move funds between your savings or checking accounts using your computer
- Transfer funds to another Credit Union member’s account
- Schedule a transfer for a future date
- Schedule one-time or recurring transfers
- All transfers for Member to Member are FREE of charge
External Transfers
Transfer funds from your IDB Global Federal Credit Union account and an account you have at another financial institution within the United States.
What can you do with External Transfers?
- Move funds between your savings or checking accounts using your computer.
- Schedule a transfer for a future date
- Schedule one-time or recurring transfers
How much can you transfer?
- Daily maximum amount of $10,000, up to $20,000 monthly*
- Standard delivery of 3 business days is FREE of charge.
- Express delivery of 1 business day is $3.00
* After first $10,000 is sent please allow the transaction to process before sending additional $10,000.
Want to schedule an external transfer at the IDB Global Federal Credit Union?
Watch our Tutorial Video Here and learn step by step how to do it.
Send Money with Zelle®
We've partnered with Zelle® to bring you a fast, safe and easy way to send money to family and friends, even if they aren't an IDB Global Federal Credit Union member¹.
Zelle® is available within our Online Banking and mobile app, which means you don't need to download anything new to start sending and receiving money!
Getting started is easy.
- Navigate to Send Money with Zelle®
- Select Send Money with Zelle®
- Accept terms and conditions
- Choose the account you want to use
- Review and start sending money!
| Zelle® Limits | |
|---|---|
| Daily | Monthly |
| $6,000 | $12,000 |
Copyright © 2021 IDB Global Credit Union. All rights reserved. Data rates may apply. Check with your mobile operator for details. Zelle® and the Zelle-related marks are the property of Early Warning Services, LLC and are used here under license.
1U.S. checking or savings account required to use Zelle®. Transaction between enrolled consumers typically occur in minutes.
Scheduled or recurring payments sent directly to your recipient’s account number (instead of an email address or mobile number) are made available by IDB Global Federal Credit Union but are a separate service from Zelle® and can take 1 - 3 business days to process.
It is the responsibility of the Sender and the Receiver to ensure the accuracy of any information that they enter into the Zelle® and Other Payment Services (including but not limited to the Payment Instructions and name, telephone number and/or email address for the Receiver to whom you are attempting to send a payment), and for informing us as soon as possible if they come aware that this information is inaccurate. Neither IDB Global Federal Credit Union nor Zelle® offers a protection program for any authorized payments made with Zelle® – for example, if you do not receive the item or the item is not as described or as you expected.
Please note that Zelle® through IDB Global Federal Credit Union, is only available for primary account owners only; joint account owners are not able to access Zelle® at this time.
If you have any questions, please contact Member Services at 1+(202) 623-3363 or via our new digital support solution. We are available to you in new ways, like video call and chat, that you can easily access from your computer or phone. Currently available within our website, Online Banking, application platforms, and Mortgage Center during business hours (9 a.m. - 5 p.m. EST).
Wire Transfers
Transfer funds securely to anywhere across the globe using a Domestic or International Wires. You can transfer funds to any other bank or credit union within the U.S., or to any international financial institution. For processing fees, please visit our website’s Schedule of Fees.
Outgoing Wire Transfers
| Domestic Wire Transfer | International Wire Transfer | |
|---|---|---|
| Cost | $20 | $28 |
| Limits | None | None |
| Delivery Time | 1-2 Business Days | 2-10 Business Days |
Instructions
- Login to your Online Account
- In the top menu select “Transfers/Move Money”
- Select “Domestic Wire Transfer” or “International Wire Transfer” and fill out the appropriate form in under 10 minutes.
Things to Consider When Sending a Wire Transfer:
- Before submitting a wire transfer please find out what fees and policies will be applied to the wire by the beneficiary financial institution to avoid incurring in additional charges.
- For security reasons, we may contact you to confirm the wire transfer.
- We process wire transfers in the same order we receive them. If you want your wire transfer to be processed on the same day you submit it, we must receive your transfer no later than 3:00 p.m. EST.
- If you submit an International Wire Transfer, please be aware of an email confirmation that will be sent to you with the currency exchange. If you do not agree with the exchange amount listed in the email, please contact us to cancel the wire transfer. You can cancel for a full refund within 30 minutes of payment, unless the funds have been picked up or deposited.
- Credit Unions do not typically have a SWIFT code. Incoming wire transfers originated from a foreign financial institution will be received through its correspondent bank in the U.S.
We Send Wire Transfers in the Following Currencies:
|
Australian Dollars: AUD |
Canadian Dollars: CAD |
Czech Korunas: CZK |
|
Denmark Krones: DKK |
Euros: EUR |
Great Britain Pounds: GBP |
|
Hong Kong Dollars: HKD |
Indian Rupees: INR |
Israeli Shekel: ILS |
|
Japanese Yen: JPY |
Mexican Pesos: MXN |
New Zealand Dollars: NZD |
|
Norwegian Krone: NOK |
Saudi Arabian Riyals: SAR |
Singapore Dollars: SGD |
|
South African Rands: ZAR |
Swedish Krona: SEK |
Swiss Francs: CHF |
|
Thailand Baht: THB |
Turkish Lira: TRY |
United States Dollars: USD |
|
Argentine Pesos: ARS |
Peruvian Sol: PEN |
Dominican Pesos: DOP |
|
Colombian Pesos: COP |
|
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Incoming Wire Transfers
If you are receiving a wire transfer to your IDB Global Federal Credit Union account from a different financial institution in the United States or from abroad. We will process your wire transfer no later than 3:00pm EST.
We are pleased to share with members that we have just secured a BIC. BIC is the acronym for International Banking Code (in French), and it refers to the international identifier for each financial institution. This code acts like a physical address for where your money will be sent. Just like the routing number but on a global scale, it’s extremely useful for international wire transfers.
Understanding the Code:
Bank code: The first four letters of the BIC code represent the bank’s name. Typically this is a shortened version of the bank’s name.
Country code: The next two characters of the BIC code represent the country where the bank resides.
Location code: The next two characters identify where the bank’s head office is located.
Please find the necessary information below to provide to your financial institution when requesting a wire transfer.
- BIC value: IDBGUS32
- Our ABA Routing Number: 254074183 (also needed for ACH, Direct Deposit and other electronic transactions)
- Our financial institution name and address: IDB Global Federal Credit Union, 1300 New York Avenue, NW Washington, D.C. 20577
- The beneficiary information: Your name and account number at the IDB Global Federal Credit Union
Have Questions About Wires Transfers?
Want to Avoid Wire Transfer Fees?
Try our Free External E-transfers services for members in the US.