---
title: "Outgoing Wire"
slug: "outgoing-wire"
updated: 2026-07-29T16:01:48Z
published: 2026-07-29T16:01:48Z
canonical: "docs.corporatecu.com/outgoing-wire"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://docs.corporatecu.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Outgoing Domestic and International Wires

The Outgoing Wire screen provides the User with one area to initiate new one time domestic and international wires, review past outgoing domestic and international wires, and utilize pre-authorized wire templates.

The Wires tab and Outgoing Wire screen are visible only with applicable permissions. Outgoing wires are initiated by one User, and then must be approved by a second User.

Credit Unions may establish an overall per-wire monetary limit for International Wires.

All international wires $20,000.00 USD and more will require additional review by the Corporate prior to approval, posting, and sending.

## Outgoing Wire History

To view historical outgoing wire activity, Users will provide searching and filtering information. Users may search and filter across the following column categories:

- Wire ID
- Member - Your credit union
- Originator - Entity that originated the wire
- Beneficiary - Final entity that will receive the wire funds
- Beneficiary / Receiver Financial Institution - Final financial institution that will receive the wire funds on behalf of the beneficiary
- Amount - Outgoing wire amount
- Type - Wire Business Function Code and Type Code; INT designates international wire
- Effective Date - Effective date of the wire
- Status - Current status of the wire

Sorting and filtering is available on all columns. Click the **arrow** next to the column header to sort the column. The orange arrow indicates which column is currently sorting the information. Search within a column by typing information into the **Search** box located just under the column header, or by utilizing the column dropdown, if available. To clear filters, click the **x** located in the search box, or click the **Clear filters** option at the top right side of the card.

| **Status** | **Description** |
| --- | --- |
| **All Statuses** |  |
| **Corporate Hold** | The wire is being held by the corporate |
| **Corporate Review** | The wire is under review by the corporate |
| **Extracted** | The wire is undergoing submission to the Federal Reserve Bank |
| **In Review** | Seen by the initiating User when the wire has been created |
| **Pending Approval** | Seen by Users that did not initiate the wire - indicates the wire is awaiting approval |
| **Post Error** | The wire was unable to post (ex. insufficient funds) |
| **Posted** | The wire has posted to the credit union settlement account |

Once the desired search information has been entered, a list of outgoing wires is displayed. The User may export the wire information to a PDF or Excel document by clicking the **Export to PDF** or **Export to XLSX** button.

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705601633923.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

To review individual outcoming wire information, click the **Wire ID**. Users may export the wire to PDF by clicking the **Export to PDF** button in the upper right-hand corner of the wire detail.

The Outgoing Wire screen displays the **Outgoing Wire ID** **#** and various cards breaking down the outgoing wire information:

- OFAC Status
- Wire Detail - the high-level wire information
  - Pre-Authorized Template will display the template name if one was used
  - Business Function Code
  - Type Code
  - Member Contact For Verification
  - Amount Effective Date
- Originator - the entity that is sending out the wire funds
- Wire Routing - the financial institution path the wire funds will take
- Final Credit - the entity that will receive the wire funds
- References - any additional information that was included in the wire

## Create New Wire

To create a new wire, the User must:

1. Navigate to **Money Movement**
2. Click the **Wire** tab
3. Select **Outgoing Wire**

### Create New Domestic

Section 1 - Wire Detail

1. Click **Create New Domestic**
2. If a Pre-Authorized Template will be used, select from **dropdown**
3. Select **Business Function Code**
4. Select **Type Code**
5. Select **Member Contact For Verification**
  1. Individual who will most likely verify wire or who may answer questions regarding the wire
  2. This dropdown will only display the names of Users that have the permission to verify wires
6. Indicate **Amount**
7. Click **Next******![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705975384104.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)****

For wires being entered after the cutoff, Users will see a message that states "The Effective Date has automatically been set to the next available business day allowed to send funds since it is now past the daily cut off time."

Section 2 - Originator

1. Provide **Originator**
2. Select **Identifier Code**
3. Provide **Identifier**
4. Provide **Detailed** **Address**
  1. Required for wires $3,000.00 and more
5. Click **Next**  **![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705976114529.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)**

Section 3 - Intermediary

1. **Indicate** if an Intermediary, or correspondent, financial institution is utilized
  1. If Yes, complete the following fields for the intermediary financial institution:
    1. Receiver ABA
    2. Intermediary FI
    3. Identifier Code
    4. Identifier
    5. Detailed Address
  2. If **No**, continue to Step 2
2. Click **Next**  
  
![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705976203483.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 4 - Final FI (Financial Institution)

1. Provide **Receiver ABA**
2. Provide **Final/Beneficiary FI**
3. Select **Identifier Code**
4. Provide **Identifier**
5. Provide **Detailed** **Address** (required for **all** wires)
6. Click **Next**

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705976357222.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 5 - Final Credit

1. Provide **Beneficiary**
2. Select **Identifier Code**
3. Provide **Identifier**
4. Provide **Address**
5. Click **Next![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1661907900502.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)**

Section 6 - References

1. Complete any of the following fields (all optional)
  1. Originator to Beneficiary Info
  2. Reference for Beneficiary
  3. FI to FI Info
2. Click **Next**  
![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1661908109667.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 7 - Review

Once all sections have been completed, the User will review all wire detail. If any errors are detected at this time, the User may click the section tab to go back and update the information. Once wire entry has been reviewed, click **Create**.

A second User will need to verify the wire. Those steps may be reviewed in the [Outgoing Wire Approvals](/v1/docs/outgoing-wire-approvals) article.

### Create New International Wire

It is strongly suggested that written wire instructions are obtained prior to entering an international wire, as those instructions and requirements will vary by country. Prior to entering an international wire, it may be helpful to review the Master Currency Payment Formatting Guide, found in the upper righthand corner of the wire entry screen. The Master Currency Payment Formatting Guide will note any wire entry requirements, giving the User the opportunity to confirm that all required elements are included in the written instructions, as well as clarify any instruction questions with the wire remitter.

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1785340389670.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D) It is important to note that international wires inherently carry a higher risk of loss. Once foreign funds have been locked in after a quote has been provided, cancellation of the wire may result in a loss of funds that will post to your settlement account. A pop-up will indicate the amount of the charge when a locked-rate foreign funds wire is canceled.

Section 1 - Wire Detail

1. Click **Create New International**
2. If a Pre-Authorized Template will be used, select from **dropdown**
3. Select **Beneficiary FI Country**, the country to which funds should be sent
4. Select which type of currency **Beneficiary Receives**
5. Identify the Payment Amount in USD or foreign currency
  1. Example: is the remitter sending $500.00 in USD, or $500.00 in Euros
6. Select **Member Contact For Verification**
  1. Individual who will most likely verify wire or who may answer questions regarding the wire
  2. This dropdown will only display the names of Users that have the permission to verify wires
7. Click Get **Rate Quote** and review the disclosure.**![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705979455325.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)Locking in the rate initiates a trade for the currency request. Canceling the wire for any reason after the rate has been locked may result in immediate charges to your settlement account.**
8. Click **OK**
9. Click **Lock In Rate**, an indicator displays a 15-second countdown to accept the rate quote ![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705979900842.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)
10. If the rate is not locked before the countdown ends, the quote will expire ![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705979987966.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)
  1. If necessary, click Get Rate Quote to retrieve another rate lock
11. Click **Lock** to lock the rate, or **Cancel** to cancel the rate quote
12. Review the wire payment detail
13. Click **Next Step**

Section 2 - Originator

1. Select **Originator Type**: Individual or Corporation
  1. If Individual is selected, Originator Name and Date of Birth fields will be displayed
  2. If Corporation is selected, Incorporation Type and Incorporation Number fields will be displayed
  3. Complete remaining fields for Email, Phone, Address Lines, City, State, Postal Code and Country
2. Click **Next Step**

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1706392492755.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 3 - Final FI

1. If needed, utilize the **FI Search** button to search for the appropriate foreign financial institution, or the User may manually add the foreign financial institution information to the screen
  1. Enter **information** to search in the bar
  2. Click **Search**
  3. Identify the appropriate foreign financial institution
  4. Click **Select**
  5. Click **Add ![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705981137930.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)**
2. Confirm information entered is correct
3. Click **Next Step**

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705981280519.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 4 - Final Credit

1. Enter the final beneficiary information
2. Select **Beneficiary Type**: Individual or Business
3. Complete additional fields: Beneficiary Name, Beneficiary Account Number / IBAN, Phone, Email, Address Lines, City, State, Postal Code, Country
4. Click **Next Step**![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705981667704.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

If needed, review the Master Currency List link in the upper righthand corner for specific requirements of foreign currencies. Additional fields may appear in the Final Credit section, or the Additional Info section.

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705981938527.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705982034668.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 5 - Additional Info

These fields may change based upon the foreign currency selected.

1. Select the appropriate **Purpose of Payment**
2. Provide **Payment Reference**
3. Select **Disclosure Requirement**
  1. Select appropriate **Regulatory State/Agency**
4. Provide **Wire Fee** amount
5. Provide any additional information required based upon the foreign currency selected
6. Click **Next Step** ![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-1705983607871.png?sv=2026-02-06&spr=https&st=2026-11-04T10%3A09%3A35Z&se=2026-11-04T11%3A09%3A35Z&sr=c&sp=r&sig=g7bUqYodG6x%2BV6Jw5UdwHaHKhjwFl0AGM1H7mIIR9kw%3D)

Section 6 - Review

Once all sections have been completed, the User will review all wire detail. If any errors are detected at this time, the User may click the section tab to go back and update the information. Once wire entry has been reviewed, click **Create**.

A second User will need to verify the wire. Those steps may be reviewed in the [Outgoing Wire Approvals](/v1/docs/outgoing-wire-approvals) article.

## Related

- [Account Transfers](/account-transfers.md)
- [Member Transfers](/member-transfers.md)
- [Money Movement - Account Transfers](/account-transfers-1.md)
- [Money Movement - Member Transfers](/member-transfers-1.md)
- [Outgoing Wire Approvals](/outgoing-wire-approvals.md)
- [Money Movement - Outgoing Domestic Wires](/money-movement-outgoing-wires.md)
- [Money Movement - Outgoing Wire Approvals](/money-movement-outgoing-wire-approvals.md)
- [Money Movement](/money-movement.md)
- [Money Movement](/money-movement-1.md)