Wire Transfer Risk Assessment

Wire transfers can carry significant risk, including the potential for irreversible financial loss due to fraud. Once sent, funds may not be recoverable. If something feels off, trust your instincts—stop and contact us immediately.

Before initiating a wire transfer, protect yourself by asking:

• Is this a trusted and legitimate source?
• Was I contacted unexpectedly or unsolicited?
• Do I understand funds may be unrecoverable once sent?
• Have I independently verified contact details, like phone numbers and addresses?
• Am I being asked to wire money for something unusual (i.e., prize winnings, urgent family emergency, etc.)?
• Does anything about this wire transaction seem suspicious or raise concerns?

Download Wire Transfer Risk and Responsibility Form