Now available!  We are excited to announce that we are now offering a new option for sending funds overseas as well as improved exchange rates on international wire transfers. 

In addition to our standard international wire transfer service, now known as Priority Payments, our new option, Standard Payments, utilizes local in-country payment networks to deliver foreign currency funds at lower cost. The service is initially available for payments sent in Euros to countries in the Eurozone and British Pounds to the U.K. and we will be adding new destination and currency options as they become available. Standard payments have no transaction fee and may be the perfect option for lower dollar transactions where delivery time to destination is of less concern.  

 Please see our comparison table below or review our FAQs  to determine the best option for your next transaction. Both options are now available through our eWire Service located securely within Online Banking.

Should you have any questions about these options, please give us a call at 202-212-6400.

*BFSFCU charges no transaction fee for a Standard Payment.  Fees may be charged by intermediary banks.

  • Can I send funds to accounts outside the U.S.?

    Yes. International wires can be sent either in U.S. dollars or in foreign currency by using our eWires service within Online Banking. You may also visit any of our branches where a BFSFCU representative can assist you.

  • Where do I go to send an international payment?

    You will need to login to Online Banking and click on the Transfers Tab in the Top Menu. Click on the eWires icon to begin setting up an international payment. You can also visit one our branches during regular business hours. Please note that transaction fees are higher for transfers done with branch assistance; please view our current fee schedule at for more information.

  • Is there a minimum amount required to send an international payment?

    The minimum amount required for an international payment is $100.00.

  • What are the fees for domestic and international payments?

    You may view our current fees on our Fee Schedule.

  • What do I need to get started?

    You will need to set up a beneficiary (recipient); BFSFCU requires the full banking details for each beneficiary. The following information is required:

    • The beneficiary’s full name exactly as it appears on their bank account, address and phone number
    • Name of beneficiary’s bank, branch address and account numbers
    • Additionally you may need to provide us an IBAN and SWIFT/BIC code or another country-specific code; examples include a Sort Code for the UK or a CLABE for Mexico.

    We strongly recommend that you ask your beneficiary to confirm their wire transfer payment instructions with their bank before you attempt to send your payment.

  • What are IBAN, SWIFT, Branch Routing, or CLABE codes?

    The various bank codes that may be required to properly create a new beneficiary are explained below. You may be able to obtain these codes from the website of the beneficiary bank, however it is always best to get wiring instructions directly from your beneficiary who can obtain them by contacting their bank.

    IBAN - The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders; the format of the IBAN varies by country.

    SWIFT - Also known as the SWIFT BIC, this code is required for all international wire transfers. If the beneficiary bank does not have a SWIFT code, a valid correspondent bank with a SWIFT code is required.

    Branch Routing - Also known as the International Routing Code (IRC), the Branch Routing Code is used in combination with the SWIFT BIC to aid in routing the payment through a main office to a branch. Each country has a specific name for their routing code (i.e., Sort Code in the United Kingdom, Canadian Payments Association Routing Numbers in Canada).

    CLABE - Clave Bancaria Estandarizada is Spanish for Standardized Bank Key. In addition to the SWIFT BIC, banks in Mexico require an 18 digit CLABE account number to ensure payment is made to the correct accounts. The CLABE account number is required on all Mexican Peso (MXN) and USD payments sent to Mexico.

  • What is the difference between eWires and eTransfer?

    eTransfer allows you to send funds to accounts within the U.S. eWires allows you to send funds to accounts within the U.S. and internationally. You may want to consider using eTransfer for your domestic transfers. Additional information can be found by clicking here.

  • What options do I have within eWire?

    We offer two options to send funds internationally: Priority Wire Transfers and Standard Payments. Priority Wire Transfers are available to most countries in the world and can be sent in US dollars or the local currency. Standard Payments can only be sent in the local currency and are currently available to countries in the EuroZone as well as for British Pound payments to the U.K. New destinations and currency options will be added as they become available. If the Standard Payment option is not available for your transfer, it will not be presented to you within our eWire system.

  • What’s the difference between Priority Wire Transfer payments and Standard Payments?
    1. Priority Wire Transfers typically arrive within 3 business days. All requests incur a fee which will be included in your quote. Please refer to our most recent fee schedule available at for additional information on transaction fees. If you choose the Priority option, your transfer description (as you provide it) will be delivered to your recipient’s account.
    2. Standard Payments have no transaction fee and are normally received by the recipient within 5 business days making them ideal for low-value transactions where time is on your side. Please note that when using this form of delivery, the transfer description will show a reference to Currency Cloud or Cambridge, our transfer partners, in your beneficiary’s account. If you require a specific reference on your transfer, please consider using the Priority option.

    For both Standard and SWIFT delivery, the amount you transfer will be the amount received by the recipient.

  • Are there limits on how much I can send?

    For Priority Wire Transfer Payments, there is no limit.  For Standard Payments, the current limit is the equivalent of $7,000 US dollars. We also have a minimum order amount of $100 for both services.

  • How long does it take from the time I submit my order to the recipient getting their money?

    It depends on the country you’re sending to and the delivery option you choose. When you choose a Priority Wire Transfer payment, it will typically arrive within 3 business days or sooner. Once you have selected a destination when placing your request, we will let you know the estimated date your payment will arrive by. Please note that the daily processing cut-off time is 2 pm. Any requests submitted after 2 pm on a Credit Union business day will be processed the following day. Any requests submitted outside Credit Union business hours will be processed on the next business day.

    If Standard Payment delivery is available to the country you are sending to (reminder: not all destinations are available), it usually takes a little longer to arrive, again depending on the country. In the most cases, the payment will arrive to the recipient’s account within 5 business days or sooner. Once you have placed your request, we will let you know the estimated date your payment will arrive by.