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 (extension 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. 

How do I send an International Wire?

To request an international wire transfer, contact our member services team at 801-260-7600 (extension 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. 


What to Do about Wire Fraud

Since wire transfers are irrevocable, they are often used in scams. Make sure you are transferring funds with a trusted source and keep an eye out for suspicious behavior. Read some fraud prevention tips here.

If you suspect you are a victim of wire fraud, you can file a report to the FTC here. 

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The products and services on this page are offered through LPL Financial or its affiliates by Registered Representatives of LPL Financial. These products and services are not credit union deposits, not credit union guaranteed, not insured by NCUA or any other government agency, and may lose value. Cyprus Credit Union is a separate entity and is not affiliated with LPL Financial.
Links from the Cyprus Credit Union web site to other web sites are provided solely as a convenience to visitors. If you use these links, you will leave the Cyprus Credit Union web site.

The Credit Union does not have any responsibility or control over any of these external web sites, their content or their privacy policies. We do not endorse or make any representations about third-party external web sites, including any information, products, materials or results that may be obtained from using them.

If you decide to access any of the linked third-party web sites, you do so entirely at your own risk. You are encouraged to review the privacy notice for each linked web site.
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