Consumer Wire Transfers
What is a wire transfer?
A wire transfer is a secure method to send or receive funds electronically, either domestically or internationally, between financial institutions.
Wire transfers are considered final and irrevocable once they have been transmitted; funds cannot be recovered once sent. You should not send money to unknown individuals or companies.
How do I send a domestic wire?
To request a wire transfer, contact our member services team at 801-260-7600 (ext. 5000) or visit one of our branch locations.
Be ready to provide a copy of wire instructions from the receiving financial institution that contain the following information:
- Creditor Name
- Creditor physical address (we cannot accept a PO Box)
- Creditor 9-digit Routing/ABA number
- Creditor Individual/Company Name (as listed on the account)
- Creditor Individual/Company physical address (we cannot accept a PO Box)
- Creditor Individual/Company Account Number
- Detailed Wire Purpose
The person/business sending the wire is the debtor, previously known as the originator.
The person/business receiving the wire is the creditor, previously known as the beneficiary.
Please be advised that the cut-off to send a same-day domestic wire is 3:00 PM Mountain Standard Time. Wire transfer requests completed after this time will be sent out on the following business day. There is a fee for outgoing wire transfers.
How do I receive a domestic wire?
To receive a wire transfer deposit to your account, provide the following information to the individual or business sending the wire:
- Creditor Financial Institution Name: Cyprus Credit Union
- Creditor physical address: Cyprus Credit Union, 3876 W Center View Way, West Jordan, UT, 84084
- Creditor 9-digit Routing/ABA number: Cyprus Credit Union Routing #324377202
- Cyprus Creditor Name (your name as listed on the account)
- Cyprus Creditor Individual/Company physical address (address on your account)
- Cyprus Creditor Account Number
- Detailed Wire Purpose
The person/business sending the wire is the debtor, previously known as the originator.
The person/business receiving the wire is the creditor, previously known as the beneficiary.
Please be advised that there is a fee for incoming wire transfers.
Wire Instructions
How do I send an international wire?
To request an international wire transfer, contact our member services team at 801-260-7600 (ext. 5000) or visit one of our branch locations.
Please be ready to provide a copy of the international wire instructions from the receiving financial institution that contains the following information:
- International Financial Institution Creditor Name
- International Financial Institution Creditor physical address (we cannot accept a PO Box)
- International Creditor SWIFT/BIC code
- International Creditor Person/Company Name (as listed on the account)
- International Creditor Individual/Company physical address (we cannot accept a PO Box)
- International Bank Account Number (IBAN) for the Creditor person/company
- Intermediary/Correspondent Bank Name, physical address, and their ABA/Routing Number (when applicable)
- Detailed Wire Purpose
The person/business sending the wire is the debtor, previously known as the originator.
The person/business receiving the wire is the creditor, previously known as the beneficiary.
Please be advised that the cut-off to send an international wire is 1:00 PM Mountain Standard Time. International wire transfer requests received after this time will be sent out on the following business day. International wires may take up to 10 days to be received by the foreign financial institution. There is a fee for outgoing international wire transfers.
How do I receive an international wire?
Cyprus Credit Union does not have a SWIFT, BIC, or IBAN code because we do not receive international wires directly. Foreign Financial Institutions will need to use their own intermediary/correspondent financial institution to route funds to the United States for further credit to a Cyprus Credit Union creditor.
Please be advised that there is a fee for incoming wire transfers.