![]() ![]() Bank will convert your funds at a retail exchange established by U.S. dollars prior to being credited to your account. Deposits received in a foreign currency, whether by check, wire-transfer, or otherwise, must be converted to U.S. Voice Wire - Outgoing (Domestic) $35.00Īdditional fees may be deducted from the transfer amount by other financial institutions involved in the payment process.Find a financial advisor or wealth specialist.Incorrect or incomplete information can delay a wire transfer. Accuracy is very important when completing your request form. To initiate an outgoing international wire transfer, please call us during regular business hours for information and instructions. It is important to note that if there are any errors on an international wire transfer sent in foreign currency, Star One may not be notified of any delay or problem for up to 10 business days. For more information about foreign exchange, call us. The actual amount received by the recipient may be reduced by charges imposed by the recipient bank. The recipient bank is responsible for crediting the received funds. Outgoing international wire transfers are processed through a US Correspondent Bank. For requests received by fax, the disclosure will be sent to the email address on record at Star One.Ī 30-minute waiting time applies before a wire transfer is sent, in case you wish to cancel. Prior to your wire being sent, Star One provides disclosures to you, which include details such as the rate of conversion to the foreign currency. This ensures compliance with regulatory requirements for remittance transfers. We send funds in the receiving country's currency, unless the receiving account is specifically designated as a US Dollar account. Unlike many institutions, Star One does not add a markup to the standard fee for foreign-currency wire transfers. Incoming International Wire Transfer in Foreign Currency Beneficiary Bank SWIFT BIC: Incoming International Wire Transfer in US DOLLARS Beneficiary Bank SWIFT BIC:Ĥ20 Montgomery Street, San Francisco, CA 94104ġ306 Bordeaux Dr, Sunnyvale, California, 94089įOR FURTHER CREDIT: Full name on your Star One CU Account, Your Star One CU Membership number (e.g. However, if a wire is sent in USD, the exchange rate will be unknown. If the foreign-exchange currency rate is locked in, the amount to be received is guaranteed (less any service charges as mentioned above). Any wires received at the end of day will be posted the next business day (Monday through Friday). Wires are posted throughout the day, Monday through Friday until 3:00 p.m. Fees may be charged by other financial institutions during the wire transfer process which are beyond Star One’s control.įor incoming wire transfers that are not initiated in US dollars, Canadian Dollars, Euros and Great British Pounds, please call us for instructions.Star One does not charge a fee for incoming wire transfers.Instead, use it to move money to and from your accounts at other institutions, such as your brokerage account, another bank account, or a minor's account. Therefore, you normally wouldn't use them to pay bills. How are External Funds Transfers different from Bill Pay or Wire Transfers?Įxternal Funds Transfers require that you know the account number for an account at another financial institution. External Funds Transfer is now activated and you can start moving money between these two accounts!Ĭonfirmation e-mails are sent from funds are not available in the source account, a $15 non-sufficient funds/overdraft fee will be charged.Enter the correct amounts of your trial deposits to confirm that you own both accounts. ![]() Select the "Manage Accounts" area, and then the "Activate" button.Once you've received a trial deposit and a withdrawal in your external account/s, return to External Funds Transfer in Online Banking.During the next 1-2 business day, watch for a small trial deposit and withdrawal in your external account (usually less than $1.00).Add the account number and ABA/Routing number for the external account you will be transferring to or from.Go to "External Transfers" in the Transfers area of Online Banking and choose "Manage Accounts.".How to Set up Your Accounts for Transfers You must have an e-mail address set in your Profile in Online Banking "Settings.". ![]()
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