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Wire Transfers

Transfer money across the country or around the globe.

Request a Transfer 1-800-621-2105

Wire Transfers

A safe way to send money cross-country or across the ocean.

A wire transfer, also known as a bank wire or a bank wire transfer, is an electronic transfer from one credit union or bank to another. It’s an effective way to send money from your Elements account directly into the account of someone else.


  • Move funds safely, nothing gets lost in the mail
  • Domestic and international wire transfers available1
  • Schedule an outgoing wire transfer of funds or arrange for an incoming wire transfer from another bank or credit union

How do I arrange for an outgoing wire transfer?

A woman on the phone making an online purchase with her credit card

To arrange for a domestic or international wire transfer to an account at another credit union or bank, please visit a branch or call us at 1-800-621-2105. To arrange the wire transfer, you will need to provide:

  • The recipient’s name, birth date, address with city/state/ZIP, and the receiving account number
  • The receiving financial institution’s name, branch address with city/state/ZIP/county, ABA Routing # or Bank ID/National ID and/or SWIFT
  • Additional information may be requested depending on the circumstances of your wire

Outgoing domestic wire transfers are $25 each. Outgoing international wire transfers are $45 each.

For fee information related to our wire services, please review our current Fee Schedule.

Call to Request a Transfer 1-800-621-2105

What information do I need to provide for an incoming wire transfer?

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To ensure an incoming wire transfer credits to your account:

  • Have the desired amount wired directly to: Elements Financial Federal Credit Union, 225 South East Street, Suite 300, Indianapolis, IN 46202
  • Provide the Elements Financial’s ABA Routing Number: 274073834
  • Provide your name and account number (Note: Be sure to provide your specific savings or checking account number, not your Elements member number)

There is no fee for an incoming wire transfer.

How much does it cost to send a wire transfer?

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Outgoing domestic wire transfer: $25 each 

Outgoing international wire transfer: $45 each

Incoming wire transfer: No fee


For fee information related to our wire services, please review our current Fee Schedule.

What’s the difference between a wire transfer and an ACH payment?

A wire transfer is an electronic payment that occurs between two banks. The payments do not have to go through a clearinghouse, so the payment can happen immediately. They are often used for large payments so that the seller is confident they will receive their money.

An ACH payment stands for automated clearinghouse payment. In this case, the funds move from one bank to another financial institution, but this time they go through a clearinghouse to process them. The clearinghouse moves all payments at the same time, and then the receiving financial institution processes them to get to the proper accounts. This method can take one to three days for funds to transfer.

Here are the main differences:

  • Wire transfers are immediate; ACH transfers take a few days
  • Wire transfers require a fee; ACH do not or cost less
  • Wire transfers are initiated and processed by financial institutions; ACH payment process automatically
  • ACH payments can be more secure
  • For wire transfers, only the sender can initiate the transfer

Read more frequently asked questions about wire transfers…

What is Elements Financial’s SWIFT code? 

Elements Financial does not have a SWIFT code. We have a routing number, 274073834. 

Do you accept international wire transfers?

All international wires must come via a United States bank and be directed to our administrative address: Elements Financial Federal Credit Union, 225 South East Street; Suite 300, Indianapolis, IN 46202

What is an IBAN, and is it required for international transfers at Elements Financial?

The International Bank Account Number (IBAN) is an international standard of identifying bank accounts across national borders with a minimal risk of propagating transcription errors. The IBAN varies by country/institution. Only the bank servicing an account can provide the correct IBAN of that account and it must be obtained from the recipient of the wire. An IBAN is required for beneficiary accounts in Europe and other countries around the world.

  1. 1 Fees may apply.