A wire transfer is an electronic transaction used to swiftly transfer funds from one bank account to another. They are a great option for large transactions or when sending money internationally. This transfer method is commonly used by financial institutions due to the secure nature of the transactions.
Send Money Securely With Wire Transfers
Get StartedLooking for a safe and secure way to send and receive funds electronically?
Look no further than LB&T’s Wire Transfer Services! At Logan Bank and Trust, we offer convenient and reliable transfers because ensuring your funds reach their destination smoothly and securely is our top priority.
Beautiful young woman enjoys her apartment doing the things she lovesWhat Is a Wire Transfer?
Why Choose LB&T Wire Transfer Services?
We’re wired for success! Whether you’re looking to move money across the country or the globe, we offer domestic and international wire transfers at LB&T. When you choose Logan Bank and Trust for your transfer needs, you’ll enjoy easy money movement with a personal touch that only comes with choosing a local bank. So, if you’re looking to complete a bank wire transfer in Logan, WV, you’ve come to the right place!
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Cheerful little boy helping his father to plant the tree while working together in the gardenUses
Wire transfers are great for both business and personal uses, including:
- Paying invoices
- International purchases
- Real estate transactions
- College tuition payments
- Sending money to friends and family
- And more
Check out our Online Banking and Mobile Banking pages to learn more.
How To Send a Wire Transfer
1. Fill Out the Agreement Form
To start your transfer request, simply print and complete the online Wire Transfer Agreement form and bring it with you to a branch – or stop by a branch and fill one out in person.
2. Provide Transfer Details
Give us the transfer details, such as the recipient information, account details and transfer amount.
3. Confirm and Authorize
Review your transaction request for accuracy. If everything looks good, authorize the transfer, and we’ll take it from there!
4. Transfer Is Initiated
We’ll transfer your money in a timely manner with full tracking capabilities for your convenience.
Get Started Today!
Ready to take advantage of our seamless money movement services? Initiating a transfer is easy. Simply fill out the agreement form below and bring it into a branch. Or visit us and we can assist you in filling out the form in person – one of the many perks of choosing a local bank that cares!
Happy single father having fun while dancing with his small daughter after moving into a new apartment. Copy space.Frequently Asked Questions
The length of time varies depending on the type of transfer. Domestic wire transfers can take anywhere from minutes to one business day, while international wire transfers can take longer. Situations may vary depending on holidays, cut-off times and more. Please contact us for a more precise estimate.
No, at this time they cannot be completed online at Logan Bank and Trust. However, you can easily fill out the online Wire Transfer Agreement form ahead of time to speed up the process. Simply complete the form, print it out and bring it with you to a branch.
The main difference between ACH payments and wire transfers is what they’re used for. ACH transactions are typically used for small, routine, nonurgent transactions – and are often free. On the other hand, wires are better suited for large, one-time, timely transactions – and usually require a fee. Are you a business owner interested in utilizing ACH payments for your payroll services? Learn more about our ACH Payroll Services here.
Wire transfer costs can vary depending on a few factors, including:
Amount – How much money is being transferred.
Speed – How fast you need the money to arrive. Expedited transfers may cost more.
Location – International wire transfers often cost more than domestic wire transfers.
Currency – The currency the funds are being transferred to and from may affect fees, as well as the exchange rate.
Receiving Financial Institution – It’s important to note that the bank or credit union receiving the funds may charge a fee as well.