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WIRE TRANSFERS

Send money anywhere across the world in a bank-to-bank transfer.

 

GET STARTED WITH A WIRE TRANSFER

Wire transfers are a great option for both individuals and businesses to send or receive Canadian, US and foreign currencies within Canada or internationally.

 

​SENDING MONEY WITHIN CANADA?

Use Interac e-Transfer® to send money to anyone with a bank account at a Canadian financial institution. Daily, weekly and monthly limits apply.

 
Wire transfer FEES
 
Incoming CAD currency wire transfer $15
Incoming USD currency wire transfer (fee in USD) $15 USD
Outgoing CAD currency wire transfer $30
Outgoing USD currency wire transfer (fee in USD) $30 USD
Outgoing wire transfer (currency other than CAD or USD) $30

SENDING A WIRE TRANSFER

When sending a wire transfer, you will need to provide the beneficiary information as well as the beneficiary bank information outlined below. Where available, it’s recommended to ask the receiver for their bank’s incoming wire transfer form to help determine the precise information their bank requires. Once you have collected all of the details you are ready to visit your branch to have a representative send your wire transfer.

  1. Full name of the individual(s) or full company name for the businesses (exactly as shown on the account)
  2. Account number
  3. Full address
    • Street Address (P.O. boxes not acceptable)
    • City
    • State or Province
    • Zip or Postal Code
    • Country
  1. Bank Name
  2. Branch full address

    • Street Address (P.O. boxes not acceptable)
    • City
    • State or Province
    • Zip or Postal Code
    • Country
  3. Bank details

    • Canada: Routing code (contains bank and transit number)
    • USA: SWIFT/BIC code and ABA number
    • International: SWIFT/BIC Code and some countries require an IBAN number
  4. Correspondent/Intermediary Bank information (if required)

    In many international transfers, a correspondent or intermediary bank is used if the sending financial institution and the receiving financial institution don't have a direct relationship and will often charge an additional fee which varies per transaction.
  5. Other (if required)

    Banks in some countries require additional information like a reason for the wire, tax ID, phone number and/or more. Please verify with the beneficiary before visiting a branch to send a wire transfer.

RECEIVING A WIRE TRANSFER

If you're expecting a wire transfer, you will need to provide the sender with the following information:

  1. Your full name or full company name for your business and address
  2. Your bank full name and branch address
  3. Your account information which includes:
    • Transit number (5 digits)
    • Institution number/route number/bank number (3 digits)
    • Full account number (12 digits)
      You can find these details by logging into your online banking or the mobile app, referencing one of your cheques or by contacting our Member Advice Centre.



Additional information: Use our provided easy to fill out forms below to ensure all necessary additional information is provided.

CAD Incoming Wire Transfers

Receiver Information
(SWIFT Field 56)
Central 1 Credit Union - Vancouver
SWIFT BIC: CUCXCATTVAN
Beneficiary Bank
SWIFT Field 57
Beneficiary's route #, transit #, Financial Institution's name and address
Beneficiary Customer
(SWIFT Field 59)
Beneficiary’s account #, name and address

DOWNLOAD FORM

USD Incoming Wire Transfers

Correspondent Bank Pay direct to:
SWIFT BIC: CITIUS33XXX
ABA: 021000089
Citibank N.A
New York, USA
Beneficiary Bank
(SWIFT Field 57 or Fedwire Tag 4100)
Central 1 Credit Union
SWIFT BIC: CUCXCATTVAN
Citibank Account No. 36371006
Beneficiary Customer
(SWIFT Field 59)
Beneficiary’s route #, transit #, account #, name and address
Payment Details
(SWIFT Field 70)
Beneficiary’s Financial Institution's name and address

DOWNLOAD FORM

Receiver Information
(SWIFT field varies)Central 1 Credit Union
1441 Creekside Drive
Vancouver, BC, Canada V6J 4S7
SWIFT BIC: CUCXCATTVAN
Beneficiary Customer
(SWIFT Field 59)
Beneficiary’s route #, transit #, account number, name and address
Payment Details
(SWIFT Field 70)
Beneficiary’s Financial Institution's name and address

DOWNLOAD FORM

Please contact our branch or our member advice centre for more information.

Please note: If the wire transfer doesn't include all the necessary originator and beneficiary information, this may result in the refusal of the wire and the return of funds to the originator. A $25.00 service fee will be charged on all incoming wires where originator information is missing. Island Savings will not be responsible for payment delays or payment cancellations due to missing information.