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Wire Transfers

 

What is a wire transfer?

A wire transfer is a method of transmitting funds electronically from one financial institution to another. In most cases, the funds are received the same day they are sent. Once a wire transfer is sent, the funds leave the bank immediately and cannot be returned.  

Is there a cut-off time for sending a wire transfer?

Yes.  For same-day domestic wire transfers, funds can be sent on business days between 8:00 a.m. - 4:00 p.m. CST. International wires can be sent during these times as well; however, international wires can take 1-3 business days to be received. 

What is a bank routing number?

A bank routing number (sometimes called the ABA or RTN - "routing transit number") is a nine digit number that identifies a specific domestic bank.  Every bank in the U.S. has a different routing number. Please note, some larger banks may have multiple routing numbers for banks in different states or regions.  

Pegasus Bank's Routing Number:  111025466

What is a SWIFT Code?

A SWIFT code (also called BIC - "Business Identifier Code") is used to identify financial institutions globally.  It includes routing information for domestic and foreign currency wires. 

Pegasus Bank's SWIFT Code:  PEGUUS44

Forms:

 

WIRE TRANSFER SERVICE AGREEMENT

INCOMING WIRE TRANSFER INSTRUCTIONS - DOMESTIC

INCOMING WIRE TRANSFER INSTRUCTIONS - INTERNATIONAL