If you’re transferring money to an account at another bank, however, the receiving bank may charge an incoming wire transfer fee. Fidelity also doesn’t charge fees to process wire transfers to a bank or other recipient. Feesįidelity doesn’t charge a fee for sending or receiving EFTs, but the receiving bank may charge a fee. If you're selling shares from a mutual fund to wire money, your funds are available the following business day for shares sold by 4 p.m. ET, the money is typically available the following business day. If you submit your wire request after 4 p.m. ET will not process until the next business day.īank wires you submit before 4 p.m. TimingĮFTs in and out of Fidelity accounts are generally received within 1-3 business days, though the funds may immediately be available for trading.Įlectronic funds transfers (EFTs) are not processed on Saturdays, Sundays, or New York Stock Exchange and bank holidays. Primarily, you should look at when you need to send or receive the money by, how much money you need to send, and whether you’ll have to pay any fees. There are a few factors you’ll want to consider when you’re deciding whether to send money via EFT or bank wire. Unlike EFTs, bank wires are reviewed and verified by employees at both the sending and receiving firms before they’re processed to ensure the sender has the money to complete the transfer, and that the receiving account is available to accept the money. This is the fastest way to send money, as funds are typically available on the same day if the wire is completed before 4 p.m. Banks may send account information, notifications, and transaction requests over bank wire. Please reach out to us if you need further assistance.A bank wire is an electronic message system that allows banks to communicate securely with each other. Visit our overview page for more information on wire transfers. International wires may take 3–5 business days to arrive and be deposited to your account. The following account types are charged a $15 fee for incoming wire transfers:Īll other account types are not charged a fee.ĭomestic transfers will be deposited and made available the same business day if received by 5 p.m. Please call for help with your routing number.įees for receiving a wire transfer vary by account type. If you’re not enrolled in digital banking, your account number can be found at the top of your paper statement. These can be found under “View Details” in the app or on the web.Your Capital One account and routing numbers.Capital One’s address: 1680 Capital One Drive McLean, VA 22102-3491.Capital One’s swift code (IBAN): HIBKUS44.You may need to provide the sending bank the following information: The wire transfers process for small business and commercial accounts may differ. Keep in mind, these steps apply to personal bank accounts. They’ll also be your point of contact for any questions or issues you may have. When you’re receiving a wire transfer, the sending bank will be fully responsible for initiating the transfer. If it’s requested after this time, it will be delivered the next business day. The money will be delivered the same day, if requested by 2 p.m ET. When the money will get to your recipient
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