Wire Transfer FAQs

Wire Transfer Frequently Asked Questions

Wire transfers allow for a convenient and secure way to send money directly to a bank account. There is no chance for a paper check to fall into the wrong hands.

To send an outgoing wire transfer from your Education First account, there is a one-time fee of $15 per transfer. If you are receiving an incoming wire transfer to your account, it won’t cost you anything.

Most wire transfers will be posted to an account within one business day, but this can vary depending on the time of day and several other factors.

You can send outgoing transfers to domestic banks only; Education First does not send international transfers but can receive international wire transfers.

This can depend on the day of the week or the time of the day the wire transfer is made. Holidays may also affect posting times.