Send a faster funds transfer
Transfer certain currencies, typically within hours.
In this article
Send a faster funds
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Sign in to Digital Banking.
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Under Transfers & Payments, select To a bank account outside the US.
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Select Send Money.
Depending on the destination, your money can be sent as a faster funds transfer, a wire transfer, an ACH transfer, or a mobile money transfer. Our system will help you decide.
No account? Enroll in Digital Banking.
Faster funds transfer FAQs
Similar to wire transfers, faster funds transfers are a reliable and secure way to send money globally in certain currencies. One key difference is speed. Most faster funds transfers are delivered to the recipient’s financial institution within hours, and typically no later than one business day. Wire transfers are typically delivered within 1–3 business days. Learn more about the differences.
View a list of available currencies. Additional currencies may be added in the future.
With faster funds transfers, you can send a maximum of:
- $1,000 per transfer
- $2,000 per day
- $10,000 per month
Most faster funds transfers are delivered to your recipient’s financial institution within hours. In some cases, your transfer may be delayed due to:
- Additional compliance or security reviews
- Processing times at the recipient’s bank
- Local banking holidays or cutoff times
Before confirming your faster funds transfer, you will see a clear summary showing:
- The total amount to be debited from your account
- UNFCU fees and other fees charged by the payment network
- The exchange rate, which is equal to the current mid-market rate
- The transfer amount your recipient will receive
All network costs are presented upfront, so you can make an informed choice. Your recipient’s institution may impose its own fees. We are not always able to display such fees in advance.
To meet payment network compliance requirements, faster funds transfers are not available to members located in:
- Afghanistan
- Belarus
- Burundi
- Central African Republic
- Chad
- Democratic Republic of the Congo
- Republic of the Congo
- Cuba
- Eritrea
- Iran
- Iraq
- Libya
- Myanmar
- North Korea
- Russia
- Somalia
- South Sudan
- Sudan
- Syria
- Ukraine, including Crimea
- Venezuela
- Yemen
Yes. If you are located in an eligible country and sending money in one of the currencies available for faster funds transfers, Digital Banking will show both options.
You will be able to compare the estimated delivery time, exchange rate, fees, and total debit amount before choosing the option that works best for you. Faster funds transfers use modern payment networks optimized for quicker delivery and transparent pricing. Wire transfers may take longer, but allow for higher amounts and currencies not yet supported by faster funds transfers.
Yes, you can send money to business bank accounts in eligible countries that support faster payment networks. Unfortunately, we are unable to support any payments related to Bitcoin or other cryptocurrencies.
No. To schedule a future transfer or a recurring transfer, use wire transfers instead.
You can cancel a faster funds transfer that has not yet been released by UNFCU for delivery. If cancellation is available, you will see the option in Digital Banking.
Once your faster funds transfer is released to the payment network, it cannot be canceled or recalled through Digital Banking.