wire transfers

It's a way of moving money from one person or financial institution to another. It's generally used for large transactions, like a home purchase, or for transfers outside the U.S.

Wire transfers provide a secure method to transfer funds between banks by using encryption and identity verification of both the sender and recipient.

While the process is secure, if someone you don't know asks you to send or receive a wire transfer, we recommend that you decline such a request. If you accept the request, you may become an unknowing participant in illegal money laundering, or you may become the victim of fraud. Here are some tips to help keep you and your accounts safe:

• Call us at 210-531-USAA (8722)that's 210-531-8722 or 800-531-USAA (8722)that's 800-531-8722 if you have questions or concerns about wire transfer activity.
• Ignore unsolicited email job offers or opportunities, especially if the company is overseas.
• Never give your bank account details to someone you don't know.
• Be on the alert for lottery or inheritance scams.
• Verify the instructions with the recipient before sending the transfer.

Domestic wire transfer requests can only be canceled if we receive your request before we send the money. If the money has already been sent, we can attempt to recall a wire but can't guarantee that the request will be honored by the recipient's bank.

An international wire transfer can be canceled up to 30 minutes after you authorize it. To cancel, call us at 210-531-USAA (8722)that's 210-531-8722 or 800-531-USAA (8722)that's 800-531-8722 .

• Domestic Wire: Your wire may be returned if inaccurate wire instructions were provided. When this occurs, you'll see the funds credited back to your account online minus the fees charged by USAA or another financial institution.
• International Wire: If you provide inaccurate wire instructions, your wire may be delayed or returned minus any fees charged by USAA, or another financial institution, and could result in foreign currency reconversion.

No, USAA does not offer recurring wires. However, recipients can be saved to make future wires easier to send.

Track outgoing and incoming transfer activity and view pending, completed and canceled transfers using the Wire Transfer Activity page.

Processing time for domestic wire transfers varies from bank to bank, but they generally take 1 to 2 days. International wire transfers can take up to 15 calendar days but may be received sooner.

If your outgoing wire transfer isn't received in that time frame, 210-531-USAA (8722)that's 210-531-8722 or 800-531-USAA (8722)that's 800-531-8722 and ask to open a wire investigation.

Unfortunately, we're unable to research incoming wire transfers. However, the person or financial institution that sent the wire should be able to track it.

Additional fees can vary based on the receiving financial institution. It's best to contact them to see if there are additional fees expected.