Sascu Wire Transfers
When a payment must arrive the same day — a real estate closing, a supplier invoice that cannot wait, a tuition deadline — Sascu wire transfers deliver funds with speed and certainty that standard ACH transfers cannot match.
Sascu wire transfers move money from your Sascu account to any domestic or international bank account through the Federal Reserve Wire Network for domestic transfers and the SWIFT network for international transfers. Unlike ACH transactions that settle in batches over one to three business days, wire transfers settle individually and are irrevocable once the receiving bank accepts the funds.
You initiate Sascu wire transfers directly through Sascu online banking. Navigate to the Transfers menu, select Wire Transfer, and complete the required fields — recipient name, recipient bank name, routing number (domestic) or SWIFT/BIC code (international), account number, and transfer amount. Sascu online banking validates the routing data as you enter it, flagging formatting problems before submission.
For domestic wires, Sascu provides a routing number: 311989245. Members sending wires should use this number as the sending institution identifier. The credit union also maintains a SWIFT code — SACUUS44XXX — required by the recipient bank for international wire processing. Sascu does not charge a fee for incoming wires of any kind, a benefit that stands apart from many financial institutions that levy incoming wire charges.
Sascu Login — Initiate a Wire Transfer Open a Sascu Checking AccountDomestic Wire Transfers Through Sascu
Sascu domestic wires settle through the Federal Reserve system and arrive the same business day when submitted before the cutoff time.
Domestic wire transfers have a daily limit of $50,000 per Sascu member account and carry an outgoing fee of $15 per transfer. The cutoff time for same-day processing is 4 p.m. Eastern. Wires submitted after the cutoff process on the next business day. Sascu online banking displays the cutoff clearly on the wire transfer screen and provides a real-time clock reference so you know exactly how much time remains.
Each domestic wire requires the recipient's full name, the receiving bank's ABA routing number, the recipient's account number, and the transfer amount. An optional memo field lets you include a reference — an invoice number, a property address, or a loan account identifier — that appears on the recipient's statement. Sascu retains wire transfer records for seven years, accessible through Sascu online banking.
International Wire Transfers
International wires through Sascu connect to over 200 countries via the SWIFT network, with transparent fees and estimated delivery windows displayed before confirmation.
Sascu international wire transfers carry an outgoing fee of $35, with per-account limits determined by relationship history, account type, and tenure. The required information is more extensive than domestic wires: recipient full name and physical address, recipient bank name and address, SWIFT/BIC code, IBAN or account number, and a purpose of payment. Some destination countries also require an intermediary or correspondent bank, which Sascu online banking identifies automatically based on the destination country.
Currency conversion applies to international wires sent in non-USD currencies. Sascu processes international wires in US dollars or foreign currency, with the exchange rate locked at the time the transfer is initiated. Recipient banks in certain countries may deduct intermediary or receiving fees from the wire amount before crediting the recipient's account — Sascu provides disclosure language on the wire transfer screen addressing this possibility.
Sascu Wire Transfer Details
All information is subject to the current Sascu fee schedule and terms of service.
| Type | Fee | Daily Limit | Processing Time | Cutoff Time | Required Info |
|---|---|---|---|---|---|
| Outgoing Domestic | $15 | $50,000 | Same business day | 4 p.m. Eastern | ABA routing number, account number |
| Outgoing International | $35 | Varies by account | 1-2 business days | 4 p.m. Eastern | SWIFT/BIC, IBAN, recipient address |
| Incoming Domestic | Free | No limit | Same business day | N/A | Sascu routing: 311989245 |
| Incoming International | Free | No limit | 1-2 business days | N/A | Sascu SWIFT: SACUUS44XXX |
What Sascu Members Say
When our school needed to wire funds for emergency classroom supplies after the hurricane, Sascu processed the transfer within hours. The ability to initiate wires through Sascu online banking meant I did not have to leave the evacuation center.
Fee Breakdown
Outgoing domestic wires: $15. Outgoing international wires: $35. All incoming wires — domestic and international — are free for Sascu members. No hidden charges.
Frequently Asked Questions
Sascu members can initiate wire transfers through Sascu online banking. Navigate to the Transfers menu, select Wire Transfer, and complete the required fields — recipient name, bank, routing number (domestic) or SWIFT code (international), account number, and amount. Sascu online banking guides you through each field and validates the routing information before submission. Wires can also be initiated by visiting a Sascu branch or calling member services.
Sascu domestic wire transfers carry a $15 outgoing fee with a daily limit of $50,000. International wires carry a $35 outgoing fee, with limits set per account based on relationship history. Incoming wires — both domestic and international — are free. Sascu fees are disclosed in the fee schedule and confirmed on-screen before each transaction. These protections align with NCUA member safeguards for credit union deposit accounts.
Sascu domestic wire transfers submitted before the 4 p.m. Eastern cutoff time typically arrive the same business day. International wires arrive within one to two business days depending on the destination country and intermediary banks in the transfer chain. Sascu online banking displays an estimated arrival window when you initiate the transfer and updates the status as the wire moves through the processing network.
International wire transfers through Sascu require the recipient's full name and address, their bank's SWIFT/BIC code, the recipient's IBAN or account number, the receiving bank's name and address, and an optional reference or purpose of payment. Some countries also require an intermediary bank. Sascu online banking provides field-by-field guidance for each requirement and validates SWIFT codes against the international directory.
Wire transfer cancellation depends on timing. Domestic wires submitted through Sascu online banking can be canceled if the request has not yet been processed — typically within the first hour after submission. International wires move quickly and are generally not reversible once the sending process begins. Contact Sascu member services immediately at (555) 234-6789 if you need to attempt a cancellation of any wire transfer.