Receiving Domestic Wire Transfers To Dow Credit Union from a US Financial Institution
Fees
$0.00 for Incoming Domestic Wires
Requirements
To wire funds to Dow Credit Union, you will need the following Information:
| ABA/Routing Number | 272482838 |
| Wire To / Beneficiary Institution | Dow Credit Union P.O. Box 1649 600 E. Lyon Rd. (zip: 48640) Midland, MI 48641-1649 |
| Beneficiary | Your Name, Your Account Number and the two digit Share ID or Loan ID1, Your Address (Street, City, State and Zip Code) |
Receiving International Wire Transfers To Dow Credit Union from a Non-US Financial Institution
Fees
$0.00 assessed by Dow Credit Union for Incoming International Wires using the Originating Institution’s Correspondent Bank
$10.00 assessed by Dow Credit Union for Incoming International Wires Using SWIFT Code
Requirements
To receive an international incoming wire transfer to a Dow Credit Union account, please provide the originating bank with the appropriate information about your deposit or loan account in order to ensure the money is received. Accuracy in completing instructions is critical.
Directions will vary depending on the sending bank’s practice for international wires. The sending bank may use their own Society for Worldwide Interbank Financial Telecommunication (SWIFT) code or it may use a correspondent bank to send international wires.
If using a Society for Worldwide Interbank Financial Telecommunication (SWIFT) code
Please contact Dow Credit Union for wire instructions at (989) 835-7794 or (800) 835-7794, Monday through Friday, 7:00 a.m. – 6:00 p.m. EST.
If Using a Correspondent Bank
You will need the following Information:
| ABA/Routing Number | 272482838 |
| Wire To / Beneficiary Institution | Dow Credit Union P.O. Box 1649 600 E. Lyon Rd. (zip: 48640) Midland, MI 48641-1649 |
| Beneficiary | Your Name, Your Account Number and the two digit Share ID or Loan ID1, Your Address (Street, City, State and Zip Code) |
Important Information
Several institutions may be involved in the transfer of international currency. These institutions often assess fees to cover the risk of currency market fluctuations. Locking in the international exchange currency rate guarantees the amount being sent, but it does not prevent other types of fees from being deducted from the amount of the wire transfer. Dow Credit Union is not able to control the assessment of fees by third parties.
Incoming wire transfers are accepted until 5:00 p.m. ET, Monday - Friday.2
Allow one business day from receipt for international 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” cannot be accepted.
If a wire transfer is not received or needs to be researched because of issues, you should contact the originating financial institution for resolution.
1Please refer to Online Banking, 1Call, your monthly account statement or call the Credit Union for your Share ID or Loan ID.
2Incoming/Outgoing Domestic and International Wire Transfers are unavailable on the following observed holidays: New Year’s Eve & Day, Martin Luther King Jr. Day, President’s Day, Good Friday, Memorial Day, Fourth of July, Labor Day, Thanksgiving, Christmas Eve & Day.