New Federal regulations regarding international wire transfers.

The Consumer Financial Protection Bureau (CFPB) has issued rules to protect consumers who send money electronically to foreign countries. These transactions are called “remittance transfers.” The new rules take effect on October 28, 2013.  More details on the rule are available at the CFPB regulations page.

For more information about wire transfers we have listed a few CFPB articles below.

• What are the new federal protections for consumers who send money internationally?
• What is a remittance transfer?
• What is a wire transfer?
• Electronic Fund Transfers (Regulation E); Amendments

You can transfer money from your account to another individual or business using a domestic or international wire transfer. You can also receive a domestic or international wire into your account. Visit your local branch or contact our Member Service Center at 1-800-479-7928 for more information about wire transfers.