Outgoing Wires
When you need to get money somewhere fast, we’ve got the answer!
An outgoing wire transfer is a quick, convenient and reliable way to move funds from your Dow Credit Union account to another financial institution. To wire funds from Dow Credit Union, members will need to obtain wire transfer instructions from the receiving financial institution. After obtaining the wire instructions from the receiving institution, a wire transfer can be initiated by contacting us.
Wire Transfers: What You Need to Know Before You Send
Wire transfers are a reliable way to move money quickly—but they also come with risks. Once a wire is sent, it’s typically final and cannot be reversed, even if it turns out to be part of a scam.
Because wire transfers are initiated by you, you are responsible for ensuring the request is legitimate. Unfortunately, if the funds are sent to a fraudulent recipient, the credit union is unable to recover or reimburse the loss.
Before You Send a Wire, Ask Yourself:
- Do I personally know and trust the person or business I’m sending money to?
- Was I contacted unexpectedly or through unfamiliar channels like email or text?
- Have I verified the request independently—such as calling a known phone number or visiting in person?
- Is the reason for the wire unusual—like prize winnings, a sudden emergency, or a last-minute change in payment instructions?
- Does anything about this request feel off or raise concerns?
We're Here to Help
If you’re ever unsure about a wire transfer, please don’t hesitate to reach out. We’re here to support you, answer questions, and help you feel confident about your financial decisions.
A Quick Note on Wire Fraud
Wire fraud is a growing concern, and scammers are getting more sophisticated. They often impersonate people or organizations you trust and create a sense of urgency to pressure you into sending money.
Your best protection is staying alert and asking questions.
Fees
$25.00 - Domestic Wire Transfers
$50.00 - International Wire Transfers
Important Information
Missing or incorrect information on the wire transfer form could delay processing.
Domestic Wires1: In order to be sent on the current business day, an outgoing domestic wire transfer must be submitted before 3:30 p.m. ET. Any wire transfers that do not meet the deadline will be considered for the next business day. Once the Wire Transfer Request is received, approved, and processed it can take up to 24 hours for the receiving institution to credit the final destination account.2
International Wires1: Prior to completing your request, you will receive additional details regarding exchange rate and the expected timeframe the funds will be available at the recipient’s financial institution.2
Forms
Please contact us for information or to obtain a Domestic or International Wire Transfer Form.
- Incoming/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, Juneteenth, Fourth of July, Labor Day, Columbus Day, Veterans Day, Thanksgiving, Christmas Eve & Day. This includes days Dow Credit Union is closed and Federal Reserve holidays.
- Domestic and International Wire Transfers are not instant. Dow Credit Union does not guarantee a timeframe, especially for International Wire Transfers which may take longer to transfer depending on the country.