Wire Transfers — NexTier Bank Fedwire and SWIFT Reference

Domestic Wires via Fedwire

NexTier Bank domestic wire transfers route through Fedwire — the Federal Reserve's real-time gross settlement system for U.S. financial institutions. Wires initiated before the 4:00pm Eastern cutoff settle same business day and typically arrive at the beneficiary bank within a few hours of initiation. After-cutoff wires roll to next business day for settlement. Wire-advice notifications post to the originator's online banking dashboard immediately upon settlement, with the full Fedwire reference number included for traceability.

Typical NexTier Bank domestic-wire use cases include real-estate closing funding (the most common single use case, reflecting the speed and certainty Fedwire provides relative to ACH), large one-off vendor payments where next-day ACH would miss a deadline, business-acquisition purchase-price funding coordinated on a closing day, and loan-proceeds disbursement on commercial credit or CRE closings. Personal wires typically fund car-purchase closings, private-party transactions at scale, and international family remittances where speed matters.

NexTier Bank wire origination for personal customers happens in-branch. A customer walks into any Butler, Kittanning, Ford City, Clarion, Indiana, Parker, New Bethlehem or Freeport branch with photo ID, a completed wire request form, and the beneficiary detail (bank name, ABA routing number, account number, beneficiary name and address). The branch teller validates the request, the branch manager reviews large wires as a dual-control measure, and the back-office wire room releases the wire onto Fedwire. Business customers with treasury-services enrollment can initiate wires directly through the online banking portal under dual-control approval.

International Wires via SWIFT

NexTier Bank international wire transfers route through the SWIFT network, which connects more than 11,000 financial institutions worldwide. Outbound international wires require the beneficiary bank's BIC (Bank Identifier Code, commonly called the SWIFT code), the beneficiary account number (IBAN is required for most European and many other corridors), beneficiary name and address, beneficiary bank name and address, and the beneficiary country. Intermediary bank instructions may be required for certain corridors; the NexTier Bank wire desk advises during setup.

NexTier Bank currency selection is usually USD with conversion handled by the beneficiary bank, though supported foreign-currency wires are available for certain major corridors (GBP, EUR, CAD, AUD) on request. Cutoff for same-day SWIFT processing is 2:00pm Eastern, reflecting the time needed to complete SWIFT routing through correspondent banks before end-of-day in the destination country. International wire fees run $45-65 on the outbound side plus any intermediary bank fees that are deducted from the wire amount in transit. Inbound international wires are subject to any receiving-bank charges plus intermediary deductions.

NexTier Bank inbound international wires require the sender to provide the NexTier Bank SWIFT BIC along with the beneficiary account number and beneficiary name. Customers expecting a large inbound international wire typically coordinate with the branch-assigned banker ahead of receipt to ensure compliance review clears smoothly. The Office of the Comptroller of the Currency publishes supervisory guidance on international wire compliance that informs the bank's internal procedures.

Fees, Cutoffs and Delivery

NexTier Bank wire fees are disclosed at initiation. Domestic outbound wires typically carry a $25-35 fee; inbound domestic wires are free or nominal at NexTier Bank (some correspondent fees may deduct from inbound amount in transit). International outbound SWIFT wires run $45-65 plus any intermediary-bank fees. The full published fee schedule accompanies the Analyzed business checking relationship for business customers; personal-account fees appear on the consumer deposit agreement.

Wire Type	Fee (Outbound)	Cutoff (Eastern)	Delivery Window	Required Detail
Domestic Outbound (Fedwire)	$25-35	4:00pm	Same business day	ABA routing, account, name/address
Domestic Inbound (Fedwire)	Free or nominal	4:30pm Fed closing	Same business day	NexTier ABA + account number
International Outbound (SWIFT)	$45-65 + intermediary	2:00pm	1-3 business days typical	BIC, IBAN/account, name, country
International Inbound (SWIFT)	Deductions may apply	2:00pm	1-3 business days typical	NexTier BIC + account number
Business Online Origination	Per fee schedule	3:30pm domestic	Same business day domestic	Dual-control approval required

OFAC Compliance and Fraud Prevention

Every outbound and inbound NexTier Bank wire passes through an automated OFAC screen that checks beneficiary name, originator name and counterparty bank against the Specially Designated Nationals list and other sanctions programmes maintained by the U.S. Treasury. Name matches trigger manual review by the bank's compliance team. Legitimate wires with similar-name matches (a common occurrence given SDN list size) are cleared quickly; wires matching active sanctions are blocked, funds held, and appropriate reports filed with OFAC. The Consumer Financial Protection Bureau publishes companion guidance on consumer wire-transfer protections including the Remittance Rule for certain international wires.

NexTier Bank guards against wire fraud, a persistent threat vector, especially around real-estate closings where fraudsters intercept escrow instructions and substitute their own wire detail. NexTier Bank personal-wire intake includes a verbal confirmation of beneficiary detail by the teller or branch manager before wire release. Business-wire origination on the online portal requires dual-control approval, meaning a second authorized user must approve the wire before it leaves the bank. Customers are strongly encouraged to call the beneficiary directly (using a phone number from an independent source, not the wire instruction email) to confirm wire detail before initiation on any real-estate or large vendor transaction.

NexTier Bank call-back verification is standard practice on wires over a threshold amount on business accounts. A NexTier Bank wire-room operator calls the originating customer at a pre-registered phone number to verbally confirm wire detail before release. This adds minutes to the process but eliminates the majority of business-email-compromise fraud vectors that have proliferated in recent years. Customers can request call-back verification on smaller wires as an added precaution. Relevant federal guidance is summarized on the protections page, with FDIC resources cross-linked for deposit-insurance context on wire-funded accounts.

Online vs In-Branch Origination

NexTier Bank business customers with treasury-services enrollment originate wires directly through the online banking portal (and increasingly through the mobile banking app for approvers on the go). Origination requires dual-control by default: one user drafts the wire, a second user with release authority approves it before the wire leaves the bank. Call-back verification runs for wires over a customer-configured threshold. The online wire-initiation module integrates with the bill-payment payee directory and the saved-beneficiary list.

NexTier Bank personal customers without treasury services originate wires in-branch. This in-person origination path is deliberate: wire fraud disproportionately targets consumers through social-engineering attacks, and the in-branch path adds a human-review layer that catches many fraud attempts before funds leave the bank. The NexTier Bank login page is the starting surface for business wire origination; personal customers can call 1-888-374-9842 to confirm branch hours and wire-room cutoff before traveling to a branch for a time-sensitive wire.