Upbeat music plays throughout
Narrator: You can wire money from your Schwab account to another account outside of Schwab in just a few steps. We'll show you how to use the Send Wire function to send wires domestically in U.S. dollars.
Before we begin, here's a checklist of the information you'll need during the process so you can make sure you have it all ready. You'll need to know: The account you want to transfer from, the type of transfer, the amount, and the date of the transfer. You'll also need the routing number for the bank you're transferring to, the account number, as well as the recipient's name, address, and country.
If you have all that information ready, you can begin. From the Accounts tab in the main menu, start by selecting Transfers and Payments and then select Send Wire.
Next, select the account you'd like to transfer funds from.
Once you've selected an account, click Select Wire Type. Here, you can choose Domestic Wire, International US Dollars, and International Foreign Currency. For this example, we'll select Domestic Wire.
After you've selected the transfer type, enter the amount to be wired and the date.
You also need to enter the destination bank's routing number. Then enter the recipient's account number, recipient's name, address, and country. There's also a space to enter any further credit instructions or transmission notes if needed. Double check all your information. If it looks good, select Continue.
The next page is another chance to review the wire information. If the information looks correct, read the Terms and Conditions, and select I Agree.
Next, read the Agreement Regarding Your Outgoing Wire Transfer and select I Agree. Then select Submit.
For your protection, we may need to verify your identity before proceeding. Select whether to receive an access code via a text message or via an automated phone call, and then select Continue.
On this page, you'll enter the access code in the box provided. If you haven't received the access code, select Request a New Access Code. Enter the code and select Continue.
And that's it. You've successfully sent a domestic wire transfer.