Wires
Fast and reliable
Securely transfer funds through Coastal’s modern Fedwire integration. Send wires domestically or internationally with confidence.
Fund access and transfers
Major benefits
- Modern connection to Fedwire
- Support for legacy standards in payment origination
- Rapid processing and settlement
The power of wires
Flexible origination
Originate and ingest wire transfers using modern and legacy standards.
API support
Manage your payments business using a modern connection.
International capabilities
Send wires cross-border to foreign recipients.
Frequently Asked Questions
Which bank details should I use for the beneficiary?
Partners should reach out directly to the beneficiary’s bank to confirm and obtain the correct wire transfer instructions.
If a wire is initiated after my cutoff time, will it still be processed the same day?
Wires received by Coastal after your designated cutoff time are typically processed on the next business day.
How secure are wire transfers?
Wire transfers are generally secure, leveraging bank-level encryption and authenticated network protocols. However, they are also a target for fraud, particularly social engineering and business email compromise scams. Once a wire is sent, it is extremely difficult to reverse, making due diligence and verification critical.