What is a wire?
A wire is an electronic transfer of money from one bank account to another quickly and securely.
Are wire transfers safe?
A wire transfer is a safe and immediate form of payment. Wires are final and cannot be canceled once the transfer is initiated. Because of this, they are also frequent targets for fraud. Reduce your risk by not wiring funds to individuals or businesses you do not know, be wary of schemes to cover taxes, loved one’s expenses and sending back a portion of a check sent to you.
Cut-Off Times
All wire requests received prior to the cutoff times listed below are processed the same day.
- Cut-off times are Monday – Friday, excluding federal holidays.
| Wire Type | Cut-Off Times (CT) | |
| *Domestic | To another bank within United States | 4:00 pm |
| *Foreign/International | To a bank in a foreign country | 1:00 pm |
Wire transfer cost?
The price of the wire transfer is dependent on whether it is Domestic* or *Foreign/International.
Domestic – $15.00
Foreign/International – $15.00 plus any correspondent bank fees.
We do not charge a fee for any incoming wire.
How to receive a wire at First National Bank of Moose Lake?
The sender is the one required to provide all instructions for the wire, which may include the recipient’s name, bank, and account number. You can provide the sender First National Bank of Moose Lake’s wiring instructions below:
Receiving Bank
UNITED BANKERS BANK
ABA #091001322
Beneficiary Bank
FIRST NATIONAL BANK OF MOOSE LAKE
400 ELM AVENUE
MOOSE LAKE MN 55767
ABA #091914820
ACCOUNT #2504616
For Further Credit To:
BENEFICIARY NAME: ___________________
ADDRESS: ______________________________
CITY & STATE: __________________________
ZIP CODE: _______________________________
ACCOUNT #: _____________________________
**FOR FOREIGN WIRES ONLY:
INCLUDE BANK SWIFT CODE: UBBKUS41
How to send a wire: You must come into the bank and sign our wire request form. If you are unable to come into our bank and will need to complete the wire by phone, you must make arrangements ahead of time by completing our preset wire code word agreement in person. Unfortunately, wires can’t be completed online, through mobile banking, or by emails.
What you will need to send a wire:
- A copy of the receiving banks domestic or international wiring instructions
- Wire amount – All funds must be cleared and available.
- Recipient’s name as it appears on the account
- Recipient’s physical address
- Recipient’s account number
- Receiving bank name
- Receiving bank routing number
Contact our Personal Banker or Customer Service Representative at 218-485-4441 for assistance.
