Send and receive wire transfers with your Industrial Federal Credit Union account.
Move money around the world, quickly and safely, with a wire transfer. Whether you're making a domestic or international payment, wire transfers can seem complex—but don’t worry. We’ll walk you through everything you need to know to move your money confidently and securely.
Wire transfers are a fast and secure way to move money between financial institutions—whether across town or around the world. They’re often used for time-sensitive payments, like sending a down payment or closing costs to an escrow company when buying a home. While there may be fees involved, wire transfers offer speed, reliability, and peace of mind.
Stay Safe from Wire Transfer Scams
Although wire transfers are secure, scammers sometimes try to exploit them. Once a wire is sent, it’s difficult to reverse—so it’s important to stay alert. Here’s how to protect yourself:
-
Only send money to people or businesses you trust.
-
Be cautious of unsolicited requests through email, phone, or social media.
-
Never share your personal or banking information with unknown sources.
-
Remember: IFCU will never contact you to request personal or account information.
Outgoing Wire Transfers
For domestic wires:
- Financial institution name and address
- ABA/Routing number
- Receiver's full name, account number and physical address
For international wires:
- Financial institution name and address
- IBAN/CLABE
- Currency type
- Intermediary information, if applicable
- Additional country specific information, if applicable
- Receiver's full name, account number and physical address
Incoming Wire Transfers
| Receiving Institution Name | Alloya Corporate Federal Credit Union, Warrenville, IL 60555 |
| Receiving Institution ABA/Routing Number | 271-987-635 |
| Further Credit To | Industrial Federal Credit Union, 1115 Sagamore Parkway S., Lafayette, IN 47905 |
| Further Credit To ABA/Routing Number: | 274-974-878 |
| Final Credit To | Your name as it appears on your Industrial Federal Credit Union account |
| Final Credit To Account Number | Your account number at Industrial Federal Credit Union |
Note: Industrial Federal Credit Union is not a part of the SWIFT network and does not have a SWIFT code. All wire transfers from non-U.S. financial institutions must be received through the Federal Reserve. Contact us directly to obtain our specific instructions for receiving international wires.
Timing for Wire Transfers
For domestic transfers, wires sent before 12:00 PM (noon) typically arrive the same business day. Wires sent after 12:00 PM are usually delivered the next business morning.
Please note: Timing is not guaranteed, especially for international wire transfers, which may take longer due to additional processing and time zone differences.
Refer to our Fee Schedule for wire transfer fees.