Wire Transfer Information

To download the “Funds/Wire Transfer Agreement” form, visit our Applications and Forms page.

How to send a domestic wire

Fee: $20

To send a domestic wire transfer from your Bowater Credit Union savings or checking account, you will need to gather the following information before calling:

  • Sender’s (Your) Information
    • Your name
    • Your Bowater Credit Union account number to debit
    • Wire transfer amount in U.S. dollars
  • Receiver’s Information
    • ABA/Transit Routing number of receiving bank
      • Please note: ABA numbers obtained from checks or deposit slips may not be valid for processing wire transfers. Please contact the receiving bank to get the appropriate incoming wiring instructions.
    • Name of bank receiving the wire transfer
    • Address of bank receiving the wire transfer
  • Beneficiary information (the person/business receiving the funds)
    • Bank account number
    • Name on the account
    • Address on the account

If applicable, include comments or special instructions to transmit with the outgoing wire. For example: receipt notification instructions, “to the attention of” instructions, or identification numbers such as invoice, purchase order or reference numbers.

Important Information

  • Outgoing wire transfer requests received by 2:30 p.m. ET, Monday to Friday, will be processed the same day.
  • Allow one business day for domestic wire transfers to post. More than one business day may be required if all necessary information isn’t provided.

 

When all of the above information has been gathered, please call us at 423.336.7268 to send your domestic wire transfer.

How to receive a domestic wire transfer

Click here for printable instructions on how to receive a domestic wire transfer: incoming-wire-instructions

Fee: $0 (no fee)

To receive a domestic incoming wire transfer to your Bowater Credit Union savings, checking, or loan account, you will need to provide the sending bank with the following information in order to ensure the money is received by Bowater Credit Union:

  • Receiver
    • Institution name/address:
      Volunteer Corporate Credit Union
      2460 Atrium Way
      Nashville, TN  37214
      Phone: 615.232.7900
    • ABA/Routing number – 264182395
  • Beneficiary Bank (BBK)
    • Bowater Employees Credit Union
    • Account number 264278461
  • Beneficiary field (BBI)
    • Your Bowater Credit Union account number to credit
    • Name and address on the account
  • Reference field (REF)
    • Any other information Bowater Credit Union needs to know to properly credit your wire transfer.

Important Information

  • Incoming wire transfers are accepted until 4 p.m. ET, Monday – Thursday, 5:30 p.m. ET Friday.
  • Allow one business day for domestic wire transfers to post. More than one business day may be required if all necessary information isn’t provided.
  • Incoming wire transfers designated as “Pay Upon Proper ID” can’t be accepted.

Foreign Wire Transfers (incoming or outgoing)

 

Incoming:  Bowater Credit Union does not accept wire transfers directly from foreign financial institutions.  However, many foreign financial institutions have a correspondent bank in the U.S. that can route a wire to us as a domestic wire.

Outgoing:  Contact the person receiving the funds or the receiving bank to get appropriate information.  Fee:  $75
Foreign wires may involve several institutions; allow 2 to 7 business days for any foreign wire to be completed.