Incoming or Outgoing Wire
MIT Federal Credit Union processes both incoming and outgoing wires for our members.
Please note: For international wires, we provide foreign exchange rates through our affiliate. These rates apply to all international wires received and processed by 2:00 pm. Rates are subject to change after 4:00 pm, and we cannot provide the rate exchange until the next business day.
MIT Federal Credit Union charges fees as indicated below. Please note: the originating financial institution may charge fees separately.
The following fees are collected related to incoming wires.
- Incoming Wire Transfers, International & Domestic carry a $10 fee.**
The following fees are collected related to outgoing wires.
- Domestic wire transfers carry a $20 fee. Initiate by completing this authorization form.
- International wire transfers carry a $35 fee. Initiate by completing this authorization form.
- Incoming Wire Transfer Instructions
To find out more about wires, or for assistance setting up a wire, please call us at 617.253.2845 or stop by a branch. or use our contact us form below:
**Students with MIT FCU checking receive one free incoming wire per semester.