With this article, you will learn how to send a domestic wire transfer on Relay.
Sections in this article
- Navigating to domestic wire payment
- Steps to execute a wire payment
- Frequently Asked Questions (FAQs)
Navigating to the domestic wire payment:
- Select the Payments tab, once signed in.
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On the upper right corner, click New Payment.
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Select the recipient of this payment from your list of payees. If you have not already created a payee for this payment, please see: Adding and Archiving a Payee for instructions on how to do so.
4. Select Domestic Wire from the list of payment methods.
5. Select the source account and fill out the required fields. Once all the information has been entered, select Next.
6. Review the payment information, and click Done when you are ready to initiate the payment.
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Next, an email will be sent to you with confirmation details of your domestic wire transfer.
FAQs
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How long will the domestic wire transfer take? Wire transfers between U.S. bank accounts will be completed within the same business day (if it is sent before the cutoff time). This means the funds will settle in the receiving account by the end of the banking day, Pacific Standard Time.
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What’s the cost of a domestic wire transfer? Please refer to this pricing page (https://relayfi.com/pricing) for further details on outgoing wire fees for Relay Standard and Relay Pro.
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When is the cut-off time for domestic wire transfers? The cut-off time for same-day domestic wires is 12:00 PM PST.
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Are there any limits for sending domestic wires? For sending, there is a daily limit of $200K and a monthly limit of $400K.
Questions? Get in touch with our Support Team at support@relayfi.com or 1 (888) 205-9304.