What is a wire transfer and SWIFT code?

Wire Transfer

A wire transfer is an electronic payment service for transferring funds by wire, for example, through SWIFT, the Federal Reserve Wire Network, or the Clearing House Interbank Payments System.

Swift Code

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) Code is a unique identification code that may be required by some banks, broker-dealers, and investment managers for the completion of international wire transfers.

Business accounts can process wires via Online Banking and the LendingClub mobile app. Click on Transfer & Pay, and you’ll see an option for Wire.

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Related FAQ's
Once you have set up an external account, you are ready to initiate a transfer.
Dec 31, 1969
Sign in to the LendingClub Mobile app or Online Banking and select 'Move Money' from the menu, then select 'Bill Pay.'
Dec 31, 1969
Fees and limits may apply, depending on the type of wire. You will be able to review any fees and limits before completing your wire transfer in Online Banking or by phone.
Dec 31, 1969
You can withdraw funds from the account in three ways.
Dec 31, 1969
Effective July 1, 2021, we will not accept or process any wire transfers, whether they are incoming or outgoing, to or from ...
Dec 31, 1969
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