There is currently no transfer limit for incoming transfers via Zelle for Discover Bank users. If you’ve decided to use Zelle (as mentioned above, it’s integrated into the Discover Bank online banking platform), the transfer limit is currently $600 per day for outgoing transfers. The same transfer limit applies to outgoing transfers as well, meaning you can transfer up to $250,000 per 30-day rolling period in outgoing wire transfers. If you initiate a wire transfer through Discover Bank’s Account Center (the online banking platform all account users can access), you can receive $250,000 per 30-day rolling period. Wire Transfer Policies and Limits at Discover BankĪre there wire transfer limits at Discover Bank? Yes, but they’re a bit more complicated than those for other similar banks. Again, the ability to complete a transfer via Zelle or any other money transfer app depends on the bank of the recipient, how much you’re sending, and where the bank is located. It’s free for most users (depending on the bank of the recipient) and is a great alternative to a traditional wire transfer. You can also transfer money with your Discover Bank account by using Zelle, a money transfer app that’s integrated into the Discover Bank online banking system. Incoming wire transfers, domestic or international, incur no fees (as long as they are in US dollars). ![]() There is a $30 service charge for each outgoing wire transfer sent from your Discover bank account. Want to make a Discover wire transfer to another account within the United States? It’s possible, and easy, actually.Īnd, the fees remain similar to those for Discover Bank international wire transfers. Domestic Wire Transfer Fees at Discover Bank Want to complete an outgoing international wire transfer fee at Discover Bank? There is a $30 service charge for each outgoing wire transfer sent from your Discover bank account. Because of this, the transfer might incur a $20 currency exchange fee. ![]() However, if you’ll be receiving international wire transfers in a foreign currency, the currency exchange rate is determined by their designated intermediary bank and will impact the amount received by Discover. The Discover Bank international wire transfer fee is a bit different, however.ĭiscover actually doesn’t have a service charge for receiving domestic wires or for receiving international wires in US dollars. Like every other major bank, initiating or receiving a Discover Bank wire transfer incurs a fee. International Wire Transfer Fees at Discover Bank And, there are almost always fees involved, both for incoming and outgoing transfers both internationally and domestically. Or, it can be done through a third-party money transfer service such as Western Union. Depending on the banks that both the sender and the recipient use, it’s possible to initiate a wire transfer via the bank itself. You can use this number in the future to initiate transfers through Member Access.To complete this transfer, you usually need the name of the recipient, their bank name, account number, and pickup details. To set up the recurring wire number, send an initial transfer by contacting your local branch or our 24/7 Member Services, and request to establish a recurring wire number. If you often send wires to the same recipient/beneficiary account, you can use a recurring wire number to process requests through Member Access. (Optional) SECU’s Non-Monetary SWIFT code – SMCUUS31Ĭontact our 24/7 Member Services at (888) 732-8562 if you have questions about wiring instructions. ![]()
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