Secure Electronic Funds Transfers
Quick and Reliable
We can help your business with domestic and international wire transfers to other other businesses and financial institutions. Domestic transfers are often completed on the same business day and international transfers within a few business day.
When you need to move large amounts of money quickly and securely, a wire transfer may be the best option. Contact us to to learn more about local bank wire transfer services in North Florida.
Utilize our business wire transfers!
At Drummond Community Bank, our mission is simple. We strive to provide you with the very best banking services and sound business decisions all while giving back to the Florida communities we serve. To you we may just be a bank, but we’re a bank
that wants to help you and your money grow. Learn more about wire transfer for businesses by visiting one of our branch locations in Bronson, Cedar Key, Chiefland, Cross City, Crystal River, Gainesville, Lake City, Ocala, Trenton, and Williston!
Need Help Deciding?
If it’s your first time using wire transfers, or you’re unsure which business services are right for you, we can help. The key to making a smart financial decision begins with understanding the benefits of each product and determining which
one meets your goals. Give us a call or visit your nearest Drummond branch.
Uses of a Business Wire Transfer
Move funds swiftly and safely to anywhere in the world.
- Loan closings, such as the purchase of a commercial real estate property
- Company-to-company transfers, such as to complete a business deal.
- Loan payoffs, such as an existing business loan.
Move Money Around The World
- Quick and reliable
- Electronic transfers are done safely with extra security
- Wire transfers can be monitored and initiated from within Business Online Banking
Frequently Asked Questions:
What are wire services in banking?
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.
Is a wire transfer the same as a bank-to-bank transfer?
ACH transactions are often free, but they are not immediate. A wire transfer, on the other hand, is a direct bank-to-bank transaction that allows you to move money from your account directly into the account of someone else.
What are the risks of receiving a wire transfer?
Making payments by wire transfers poses several risks, including fraud, teller mistakes and malware. When sending funds via wire transfer, usually once the funds are sent they cannot be recovered. That's why it's important to exercise extra caution before completing the transfer.
Don't forget to save, too!
If saving more is on your business to-do list, we can help. The key to making smart financial decisions begins with understanding the benefits of each product and determining which one meets your goal.
