Wire Transfers
When you need to move money quickly
Wire Transfers ensure you can send and receive funds safely and securely. Century Bank makes it easy to initiate one-time or recurring Wire Transfers and set up templates for Repetitive Wire Transfers. Some other perks to using Century Bank’s services include:
- Send and receive domestic and international funds same day
- Email notifications for all incoming and outgoing Wires
- Customize levels of authorization based on your needs
- Initiate Wires to be sent in the future or recurring at periodic frequencies
How to send a Wire Transfer
To send a Wire Transfer with the Wire Department or through Cash Management Online Banking, a Wire Agreement must be completed. Each authorized person will receive a unique PIN to use when initiating wires.
A Wire Transfer can be initiated three ways:
- Remotely through Cash Management Online Banking
- By calling either the Wire Transfer Repetitive Line at (781) 393-5050 or the Wire Transfer Department at (781) 393-4633. Customers with a Repetitive Wire Form on file can also use Century Bank’s Wire Repetitive Voicemail Line.
- In person at any Branch location
What you need to send and receive Wire Transfers
In order to send a Wire Transfer, you need to know:
- Your bank account number
- Name of who you want to send the Wire Transfer to
- Bank name and address of the Wire Transfer recipient
- Wire Transfer recipient’s bank routing number
To receive a Wire Transfer, the sending bank will need the following information:
| Domestic | International |
|---|---|
|
Bank Name: Century Bank Banking Routing Number/ABA: 011301390 Your Account Number: Account number of the Century Bank customer Your Name & Address: Full name and address of Century Bank customer |
Bank Name: Century Bank Bank Address: 400 Mystic Avenue, Medford, MA 02155 SWIFT Code / Bank Identifier Code (BIC): CERYUS33 Century Bank Routing Number/ABA: 011301390 Beneficiary Account Number: Account number of Century Bank customer Beneficiary Name & Address: Full name and address of Century Bank customer |
FAQs
Q: Is there a fee for sending and receiving Wire Transfers?
A: Yes, there is a fee for sending and receiving Wire Transfers. Please contact us for specific charges.
A: Yes, there is a fee for sending and receiving Wire Transfers. Please contact us for specific charges.
Q: How long does a Wire Transfer take?
A: Customers can send and receive funds same day, to and from other banks. Requests received by 3:30 p.m. will be processed the same day.
A: Customers can send and receive funds same day, to and from other banks. Requests received by 3:30 p.m. will be processed the same day.
Q: Do I need a separate login for Cash Management?
A: No, you can access all the features of Online Banking Plus Cash Management from signing on once. First time users will receive an email with instructions on how to create an ID and password and how to install and use a secure soft token.
A: No, you can access all the features of Online Banking Plus Cash Management from signing on once. First time users will receive an email with instructions on how to create an ID and password and how to install and use a secure soft token.
Q: What steps does Century Bank take to ensure Wire Transfer security?
A: For Non-Repetitive Wire Transfers, secondary approval from an authorized person on the Wire Agreement Form and a Wire Pin is required. Additional information depending on the method the Wire is being sent is necessary. Please email us for details.
A: For Non-Repetitive Wire Transfers, secondary approval from an authorized person on the Wire Agreement Form and a Wire Pin is required. Additional information depending on the method the Wire is being sent is necessary. Please email us for details.
