Skip to main content

Online Banking

Enroll in Online Banking
104

Wire Transfers

When you need a reliable way to send money.

Wire transfers, also known as a bank transfer or credit transfer, is a quick method of an electronic funds transfer from one person or entity to another. We offer the following services for a fee and you must provide photo identification.

Outgoing Wire Transfers

When you are sending funds to another account use the Wire Transfer Request Form.

Incoming Wire Transfers

For times when you need funds sent to your account, a wire transfer can be sent using this Incoming Wire Request Form.

How to Request a Wire Transfer.

  • In person at a branch
  • By fax 866-316-5829
  • Email us at info@msdfcu.org (Please note, this is not a secure form of communication.)
  • There is a fee for the services, and you must provide photo identification

Requests must be received by the following times: 
Monday through Friday - International by 2:00 P.M.EST || Domestic by 3:30 P.M. EST
Items received after the stated times and on weekends or holidays will be sent on the next business day.

Wire Transfers: What you need to know.

Effective January 1, 2007 all wire transfers designated to the European Union must include a valid BIC (Bank Identification Code, a.k.a. SWIFT Code) and a valid IBAN (International Bank Account Number). A full receiving bank address will also be required. The codes and bank address information can only be supplied by the recipient or by the European financial institution. Failure to provide accurate BIC and IBAN codes could result in penalty charges imposed by the receiving financial institution, rejection and return.

Any wire transfer agreement presented to Merck Sharp & Dohme FCU which does not meet these requirements will result in immediate denial of the request. If you are a member with My Advantage benefits, the fee may be discounted.

Alternative Transfer Products.

Online Banking

We also offer an external funds transfer service within online banking that allows you to transfer to other domestic institutions where you are an owner. 

You can use P2P

P2P (Person-to-Person Transfer) is a one-way, seamless, and efficient means to send money to a reliable peer. P2P allows you to securely control the funds you send with a security question that you can tailor to be peer-specific. All you need to start is a valid phone number or email; your peer will receive a link to complete the process!