A wire transfer is the direct movement of funds between credit unions and other financial institutions. Upon receipt, funds are typically made available immediately. Members may initiate a wire transfer in a branch by visiting one of our four locations or via remote channels. In this section, we will discuss how to initiate and / or receive a wire transfer.
Key Takeaways
- As part of Amplify’s 2022 fee-free banking initiative, wire transfers are now free to members.
- Wire transfers may be initiated by visiting a branch or by calling us at (512) 836-5901.
- You must contact Amplify before sending a wire transfer to receive the required paperwork.
- Cut off time to receive wire request is 2:00 pm CST, Monday – Friday. Requests received after this time or on Saturday will be processed the next business day.
- International wires may only be sent from a business account.
How much do wire transfers cost?
In 2022, Amplify introduced fee-free banking to our members. As part of this initiative, most banking fees – including wire transfer fees – are now waived by the credit union. This means that member will not be charged a fee to initiative or receive a domestic wire transfer.
Service | Fee |
Incoming Wire Transfers | $0.00 |
Outgoing Wire Transfers - Domestic | $0.00 |
Outgoing Wire Transfers - International (Business Accounts Only) | $0.00 |
To learn more about the benefits of fee-free banking at Amplify Credit Union, visit the Fee-Free Banking page on our website.
How do I receive a domestic wire transfer?
Amplify does not charge an incoming wire fee - you will be credited with the full amount of the incoming wire. To receive a wire, you will need to provide:
- Wire Routing Transit Number: 314977227
- Bank Name: Amplify Credit Union
- Bank Address, City, and State: 3600 W Parmer Lane, STE 200, Austin, TX 78727
- Beneficiary Account Number: Your complete Amplify account number
- Beneficiary Account Name and Address: The name and address of your account as it appears on your statement
Your account number which can be found in online banking or on your monthly statements. You can also call us to get assistance in locating your account number.
How do I receive an international wire transfer?
Amplify can receive incoming wires in US dollars only. To receive a wire, you will need to provide:
- Wire Routing Transit Number: 314977227
- Bank Name: Amplify Credit Union
- Bank Address, City, and State: 3600 W Parmer Lane, STE 200, Austin, TX 78727
- Beneficiary Account Number: Your complete Amplify account number
- Beneficiary Account Name and Address: The name and address of your account as it appears on your statement
Your account number which can be found in online banking or on your monthly statements. You can also call us to get assistance in locating your account number.
How do I initiate a wire transfer?
To send a wire transfer you may visit us in a branch or call us at (512) 836-5901. To send a wire transfer you will need:
- The recipient's (individual or business) name, account number, phone number, and address.
- The recipient's bank name, ABA/routing number, and bank address.
Note that cut off time to receive wire request is 2:00 pm CST, Monday – Friday. Requests received after this time or on Saturday will be processed the next business day. Before you decide to send a wire transfer, please contact our Member Support team. They will provide you with the paperwork needed to process your wire transfer in a timely fashion.
Please note that Amplify uses DocuSign to collect signatures and member information for our wire transfers. For a detailed walkthrough of the DocuSign process, please review the How To Complete a Domestic Wire Transfer Form article in our Help Center.