Wire Transfers at Ideal Credit Union
What is a Wire Transfer?
A wire transfer is a secure and efficient way to transfer funds between an account at Ideal Credit Union and another financial institution. This service allows for the electronic movement of funds, ensuring that your money reaches its destination quickly and safely. To initiate a wire transfer, you must visit the financial institution sending the funds.
Wire Transfer Cutoff Time
To ensure timely processing, please note the following cutoff times:
- Domestic Transfers: Requests received before 4:30 PM Central Time will be processed the same day.
- Requests After Cutoff: Requests received after the cutoff time, on weekends or on federal holidays will be processed on the next business day.
Incoming Wire Instructions
Incoming Wire Instructions
To receive a wire transfer, provide the following information to the sending institution:
- Name: Ideal Credit Union
- Address: 8499 Tamarack Road, Woodbury, MN 55125
- Routing/ABA Number: 296076262
- Final Beneficiary:
- Name
- Account Number
- Address
Important Note: Failure to include all of the beneficiary’s information may result in delays or the return of wired funds.
For assistance, please contact Ideal CU at 1-800-247-0857 or 651-770-7000.
Outgoing Wire Instructions
Outgoing Wire Instructions
When sending a wire transfer from your Ideal Credit Union account, you will need to provide the following details:
Your Information
- Name
- Address
- Phone Number
- Account Number
Transfer Information
- Transfer Amount
- Additional Wire Instructions
- Purpose of Wire
Payee Information
- Name
- Address
- Account Number
Receiving Financial Institution Information
- Name and Address
- Routing Number (ABA)
- Corresponding or Intermediary Bank Name and Routing Number (if applicable)
Contact Us
For any questions or assistance with wire transfers, please contact our member service team. Ideal Credit Union is dedicated to offering secure and efficient wire transfer services to meet your financial needs. Thank you for choosing us for your banking needs.