Domestic wire transfers are processed the same business day if initiated by 3:30 PM EST Monday to Friday. If initiated after that time, funds will be sent the following business day. With your North One Standard Account, domestic wires cost $20 to send and $20 to receive. For North One Plus Customers, domestic wires cost $15 to send and $20 to receive.
Your North One Mastercard® Small Business Debit Card* needs to be activated to send a domestic wire transfer. There is an outbound domestic wire transfer limit of $200,000 per wire, per calendar day. North One can only facilitate domestic wire transfers, international wire transfers are not supported.
Here’s how to send a domestic wire transfer from the North One app:
From your home screen, click Send Wire, or click Pay at the bottom of your screen at any point
Select Domestic wire
Confirm or enter your recipient information for the wire
Input the Amount of the wire
Select Send Payment
Here’s how to send a wire transfer from your web browser:
Click Pay on the top of your screen
Select Domestic wire
Choose an existing recipient or add a new recipient
Input the amount of the Wire, and the Envelope you’d like to pay from. You can also edit your recipient from this screen if necessary
Select Send Payment
You’ll receive a Wire Code Confirmation via text message.** Once received, reach out to our Customer Care Team in the app or online to quote the code. NOTE: You will need to be logged in to your North One Account to do so.
Please note that some banks have different routing numbers for receiving a domestic wire transfer versus an ACH. Confirm your recipient’s account details to make sure they get the funds without any problems
Recipient hasn’t received your domestic wire transfer? Check out this article for troubleshooting steps.
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*The North One Mastercard® Small Business Debit Card is issued by The Bancorp Bank, N.A., pursuant to license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted.
**Standard text messaging and/or data rates from your wireless service provider may apply.
North One is a financial technology company, and not a bank. Banking services provided by The Bancorp Bank, N.A., Member FDIC. The North One Mastercard® Small Business Debit Card is issued by The Bancorp Bank, N.A., Member FDIC, pursuant to license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted.