What is a wire transfer and SWIFT code?
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 Happen Bank mobile app. Click on Transfer & Pay, and you’ll see an option for Wire.
Additional Money Out FAQ
- Can I send a same-day wire, cancel a wire or initiate a wire by phone?
- How do I withdraw from my account?
Happen Bank Resources
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The best personal loan rate in 2026 isn't the one with the lowest advertised interest rate: it's the one with the lowest APR, which includes additional finance charges. APR (Annual Percentage Rate) is the only apples-to-apples comparison figure because it includes both the interest rate and any origination fee.
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A credit card consolidation loan replaces multiple high-interest card balances with a single fixed-rate personal loan – one monthly payment, one interest rate, and a defined payoff date. For borrowers carrying balances at 21.39% APR or higher, the interest savings are often substantial. The math works for the same term when your consolidation loan APR is lower than your current weighted average card APR and the fixed monthly payment fits your budget.
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The unsecured personal loan market continues to hit record highs, and despite challenging macroeconomic conditions, shows few signs of slowing down.
Can I send a same-day wire, cancel a wire or initiate a wire by phone?
Domestic wires submitted before 5:30 PM ET. and International wires submitted before 4:00 PM ET. will be sent the same day. Wires submitted after these times will be sent the next business day.