What are wire transfers and SWIFT codes?

Wire transfer

A wire transfer is an electronic payment service for transferring funds by wire, for example, through SWIFT, the Federal Reserve Wire Network, or the Clearing House Interbank Payments System.

SWIFT code

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) Code is a unique identification code that may be required by some banks, broker-dealers, and investment managers to send an international wire transfer.

Business accounts can process wires online or in the app. Select Transfer & Pay > Wire

Domestic wires submitted before 5:30pm ET and international wires submitted before 4pm ET will be sent the same day. Wires submitted after these times will be sent the next business day.

All wires are guaranteed funds. Once they are sent out, there is almost no chance of having the funds returned unless the receiving party agrees to the return. Please note: Happen Bank follows a two-step confirmation process before initiating the transaction.

We can initiate wires by phone if you don’t have the option in your account. Currently, we are unable to initiate wires by web chat.

Additional Money Out FAQ

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Personal Banking Customers: Our Elite and Reserve Tier customers can place a wire via Online banking or the Happen Bank Mobile app. For all other customers, they can reach out to Customer Service at 800.242.0272 to initiate a wire.

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Oct 21, 2025

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Can I send a same-day wire, cancel a wire, or initiate a wire by phone?

Domestic wires submitted before 5:30 PM ET. and International wires submitted before 4:00 PM ET. will be sent the same day. Wires submitted after these times will be sent the next business day.

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Dec 31, 1969

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How do I initiate an external transfer?

Once you have set up an external account, you are ready to initiate a transfer

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How do I withdraw from my account?

You can withdraw funds from the account in three ways.

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How do I set up Bill Pay?

In your Happen Bank profile, select Move Money > Bill Pay.

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