To wire money into Sb1 Federal Credit Union, the following information will need to be provided to the outgoing bank:
Sb1 Federal Credit Union
1500 Spring Garden Street, Suite 500
Philadelphia, PA 19130, USA
ABA Routing Number: 236087664
Credit: Your name
Account #: Your Credit Union member number - The account number to deposit the wire funds (as a reminder for your account numbers - the #1 account is your savings account and your checking account is either #2 or #4).
Will wiring funds cost me anything?
Please note, fees apply for outgoing wires.
All wires received before 4:00 PM will be credited to the account that same day. Wires received after 4:00 PM will be credited to the account on the following business day.
Sb1 does not have a SWIFT or IBAN number. Members wiring money into Sb1 (from a foreign bank) may be asked to provide our SWIFT/IBAN because foreign banks are accustomed to using them. We do not have one and it is not necessary in order to wire money to Sb1.
To wire money out of Sb1, we require a form to be completed. To access a fillable PDF version of this form for an outgoing wire click here. Directions for sending domestic and foreign wires are listed below.
Please note, fees do apply for outgoing wires.
To send money by wire transfer, you will need to have the following information:
ABA Routing/Transit Number of the receiving Financial Institution
Final Beneficiary Name and Account Number
If applicable, you will also need the name of the Secondary Financial Institution or Company where the funds need to be routed and their account number with the receiving financial institution.
Please note: Sb1 sends domestic wire transfers through the Federal Reserve. Once the transfer has been sent, it is up to the receiving financial institution to credit the appropriate account.
It is very important to contact the receiving institution and obtain detailed instructions on sending funds to a foreign account. To send a foreign wire you may need to collect some or all the following information:
Name and Address of the Financial Institution to receive funds
Any Financial Institutions the funds maybe routed or payable through Swift Number, Sort Code, Routing Number, Bank Code or other identifying code for the Beneficiary's Financial Institution
Final Beneficiary Name and Address
Final Beneficiary Account Number or IBAN Number
Please note: Foreign wires are usually sent through correspondent banks which also charge a fee for processing the wire. The correspondent bank fees are deducted from the amount of the wire. Once the funds leave the US Banking system and are out of the country, Sb1 does not have control over the process. Depending on the sophistication of the banking system of the country the wire is being sent to, it can take anywhere from two days to several weeks before it is credited to the account in the foreign country. However, a general guideline would be 1 - 3 weeks. Sb1 can not guarantee an arrival time. Sb1 can send either US Dollars or foreign currency. If the wire is sent in US Dollars, a correspondent bank will do the currency exchange. Sb1 does not have any control over the exchange rate used. If the wire is sent in foreign currency, the currency exchange is done by Sb1.
Should you have any questions, you can contact an Sb1 representative directly any weekday between 8:30 AM and 8:00 PM EST by calling us toll-free at 800.806.9465. You can also contact us by email at firstname.lastname@example.org.