Key Words

  • Domestic Wire – Wire sent to another financial institution within the United States
  • International Wire – Wire sent to another financial institution outside of the United States
  • Outgoing Wire – Wire sent from Teachers to another financial institution
  • Incoming Wire – Wire sent from another financial institution to Teachers
  • Receiving Financial Institution – Credit Union, bank or financial institution where the money is going
  • Beneficiary – The person or entity receiving the funds
  • Intermediary Bank – Financial institution between the issuing bank and the beneficiary bank (REQUIRED if the beneficiary’s account is NOT at the bank previously listed and for most international wire transfer requests)
  • Swift Code – An international bank code that identifies particular financial institutions worldwide
  • IBAN – International Bank Account Number: a unique number used to identify a bank account. Financial Institutions in the U.S. do not use IBANs.

 

Domestic Wire Transfers

Domestic Wire Required Information

Outgoing Domestic Wires can only be requested by visiting a Teachers' Branch. You may also set up a recurring wire agreement at your local branch.

Required Information for Outgoing Domestic Wire:

  • Receiving Financial Institution Name
  • Receiving Financial Institution Address
  • Receiving Financial Institution ABA/routing number
  • Beneficiary Name (as it appears on the account)
  • Beneficiary Account Number
  • Beneficiary Address

 

Incoming Domestic Wires

Information to provide sender to receive funds at Teachers:

  • Financial Institution Name: Teachers Federal Credit Union
  • Financial Institution Address: 102 Motor Parkway Hauppauge, NY 11788
  • ABA/routing number: 221475786
  • Name: Member Name (as it appears on the account) ***
  • Account Number: Full Account Number (*not Member Number)
  • Address: Member Address

***Please note: Any incoming wire received with “Teachers FCU” as “Beneficiary Name,” will be returned. “Beneficiary Name” should match the name on the receiving account***

 

International Wire Tranfers

International Wire Required Information

Outgoing International Wires can only be requested by visiting a Teachers' Branch Monday-Friday, prior to 3:00 PM EST. You may also set up a recurring wire agreement at your local branch.

Required Information for an Outgoing International Wire Transfer:

  • Purpose of the wire
  • Receiving Financial Institution Name
  • Receiving International Financial Institution Swift Code
  • Financial Institution Address, Country
  • Beneficiary Name (as it appears on the account)
  • Beneficiary Account Number (IBANs may be required for certain receiving countries)
  • Beneficiary Address, Country (PO Boxes are not allowed)

 

Incoming International Wires

Information to provide sender to receive funds at Teachers:

  • Financial Institution Name: Teachers Federal Credit Union
  • Financial Institution Address: 102 Motor Parkway Hauppauge, NY 11788
  • ABA/routing number: 221475786
  • Name: Member Name (as it appears on the account) ***
  • Account Number: Full Account Number (*not Member Number)
  • Address: Member Address

***Please note: Any incoming wire received with “Teachers FCU” as “Beneficiary Name,” will be returned. “Beneficiary Name” should match the name on the receiving account***

Note: Teachers does not have an Intermediary Bank – The originating institution will have a relationship with a bank in the United States that can be used to wire funds to Teachers.