The only problem is that for a PNC requires a visit to your local bank branch to initiate the wire transfer process. In fact, most banks still require a visit to a bank branch when sending money internationally. This can be inconvenient and take up a good bit of your time. As an alternative to a PNC international wire transfer, check out TransferWise. It’s the perfect solution to a traditional bank if you’re seeking a payment option that’s easier and cheaper to send money internationally.
To send a wire transfer from your PNC bank account, you will need to visit a local PNC Bank branch. Unfortunately this means you can not request a wire transfer online with PNC - this applies to both domestic and international wire transfers. A Wire Transfer Request Form will be available from any PNC Bank branch so you can initiate the process of sending money to friends and family.
As an alternative, PNC Bank works with Popmoney so you can transfer funds using your PNC bank account and other accounts you own. You can even transfer money to friends and family without exchanging cash or checks. You will need the recipient’s mobile number or email address to get started transferring money with Popmoney and PNC Bank.
If you choose to wire money with PNC, the first step is to get the gather the recipient’s wire information. Then follow these exact steps in order to wire money with PNC Bank.
- Head to your local PNC Bank branch
- Request a Wire Transfer Request Form along with the wire instructions
- Complete and sign the Wire Transfer Form
- Turn in the completed copy to a PNC Bank employee to initiate the wire transfer
- Keep a copy of the completed form for your records, along with the Wire Transfer Disclosure Statement
In order to receive an international money transfer to your PNC bank account, you will need to provide your sender with the following wire transfer instructions:
|Name of your bank||PNC Bank NA|
|PNC bank SWIFT Code for international transfer||PNCCUS33|
|PNC bank Routing Transit Number||Depends on where you opened your account. Find it here|
|Bank address, City & State||PNC Bank NA, 222 Delaware Avenue, Wilmington, DE 19899 (regardless of where your account is located)|
|Beneficiary Account Number||Your complete PNC bank account number (including leading zeros)|
|Beneficiary Name||The name of your account as it appears on your statement|
The cost for wiring money online with PNC Bank isn’t cheap. Apart from the wire transfer fees, there may also be currency conversion fees and charges associated with exchange rates. Here’s a quick breakdown of what fees you can expect to pay with PNC Bank.
|Type of wire transfer||Transfer fee|
|Domestic wire transfer fees||$15 for each incoming transfer and $30 for each outgoing wire transfer|
|International wire transfer fees||$15 for each incoming transfer and $45 for each outgoing wire transfer depending on your account type|
In order to determine exactly how long a wire transfer takes to process, check with the PNC employee at your local branch. Typically, a wire transfer sent domestically, arrives in the recipient’s account within 1-2 business days. But for international wire transfers this can be a bit longer, taking up to 2-3 business days to process.
|Type of wire transfer||Transfer timeline|
|Domestic wire transfer fees||within 1-2 business days (typically)|
|International wire transfer fees||up to 2-3 business days|
For both domestic and international wire transfers sent with PNC Bank the daily cut off time is just before 6pm EST. Any wire transfer requests made after this cut off time will be completed by PNC on the next business day.
TransferWise also typically charges between 0.5-1% and there’s no mark-up on the exchange rate - that means you get a far better exchange rate. How much cheaper is TransferWise? Just take a look:
This is from February 2017, learn more about how we calculated it here.
As a cheaper and faster alternative to wiring money with PNC Bank, check out TransferWise. TransferWise is a simple alternative for transferring funds and sending money abroad. Not only is TransferWise less expensive than sending a wire transfer online, it’s fast and more transparent when it comes to fees. They help you avoid unfair bank fees when sending money abroad, which makes them the best way to wire money online. Sign up for free and save on your next international wire transfer.
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