Chase Bank serves nearly half of US households with a broad range of financial products. Its wire transfer service allows you to send money abroad in over 40 currencies to more than 90 countries worldwide. You can choose between sending secure international money transfers online or at one of its 4,700 branch locations nationwide. Just be aware of member requirements, weak exchange rates and comparatively high transfer fees. Show
Why should I consider Chase Bank?
What to be aware of
How much are Chase wire transfer fees?The Chase wire transfer fee you’ll pay depends on how you’re sending the transfer, and whether you’re sending or receiving an international or domestic wire transfer. All transfers between Chase accounts are fee-free. Chase offers lower fees when transferring using its foreign currency exchange option, but keep in mind that the exchange rate offered by Chase may be far weaker than money transfer competitors.
How are Chase Bank’s exchange rates?Like any large bank, Chase updates its rates in line with global currency market fluctuations. The Chase currency exchange rates you’ll be offered are similar to those of other large US banks, but not as competitive as the rates you’ll get by using a money transfer specialist. It’s worth keeping in mind that Chase Bank’s wire transfer service adds a margin on top of the mid-market exchange rate for international transfers. Therefore, it is best to compare the displayed rate on Chase with the current interbank rate to work out the size of this margin. Available currenciesChase bank allows you to send money in more than 40 currencies to over 90 countries worldwide, including:
What are the ways I can send money abroad with Chase Bank?You have two options for transferring money with Chase:
You can send your international wire transfer on the same day or initiate a transfer for a future date online or at a Chase bank branch. If you submit your transfer by 4 pm ET, it will be processed the same business day. Through Chase’s online banking service, you can send repeat wire transfers to the same recipient and delegate others to request and approve wire transfers. What payment methods does Chase Bank accept?Chase only allows payment via bank transfer. You will also need to have a checking account with Chase Bank in order to use its international money transfer service. How long does a transfer with Chase Bank take?Domestic wire transfers usually take 1-2 working days for the funds to be received, while international wire transfers can take anywhere from 3-5 business days. It’s also important to note that Chase’s total wire transfer limit is $250,000 per business day and the wire cut-off time is 4 pm EST. If you submit your request after this cut-off, it will be processed the next business day. Transfers typically
take 3 daysHow to make your first wire transfer with Chase BankTo send an international wire transfer with Chase, you first need to open a checking account. Once you’ve set this up, you can take these steps to transfer money online: Making an international wire transfer with Chase Bank
Is Chase Bank safe to use?
Chase Bank caters to nearly half of US households and is backed by JP Morgan Chase &Co, a leading global financial services firm. It has more than 4,700 branches and 17,000 ATMs nationwide. Chase Bank has multiple security features in place to keep your money safe. Including multistep authentication checks, fraud monitoring, secure messages and encryption technology. How does Chase Bank compare to other money transfer services?If you want to see how Chase Bank compares to the exchange rates and fees offered by other money transfer services, enter the details of your transaction into the table below. Frequently asked questionsZak Killermann is a publisher at Finder who’s been specializing in cryptocurrencies and blockchain technology for four years — covering everything from ICO booms, crypto winters, memecoins and more. He’s mined and minted cryptocurrencies, and remembers the days when DOGE was just for fun. Zak’s focus is in breaking down technical concepts into approachable nuggets of information. Before diving into all things crypto, Zak contributed to Finder’s money transfers vertical. Can Chase customers send money to each other?Both parties need a U.S. bank account; only one needs an eligible Chase account. Funds are typically made available in minutes when the recipient's email address or U.S. mobile number is already enrolled with Zelle® (go to https://register.zellepay.com to view participating banks).
How do I transfer money to someone else's bank account?How to transfer money online to friends and family. Use a money-transfer app.. Consider a bank-to-bank transfer.. Set up a wire transfer.. Request your bank send a check.. Is it free to transfer money between Chase accounts?No, we don't charge a fee.
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