How do I send a wire transfer?

Landlord Support

Eric Labrecque avatar
Written by Eric Labrecque
Updated this week

To send a Wire transfer, please follow the steps below:

  • Go to the Baselane Banking or Transfers & Payments tab

  • Select the ‘Move Money’ button

  • Select ‘Send Money

  • Follow the steps below to send the Wire transfer:

    • Step 1: Select an existing recipient or add a new recipient

    • Step 2: This will bring you to ‘Recipient Details’, where you can either select ‘Wire transfer’ from the Payment Methods drop-down menu for the existing recipient or add the Wire transfer details for a new recipient

    • Step 3: Input the payment details for the ACH transfer. After inputting the payment details for the transfer, you'll have the option to select if you want this transfer to be a one-time payment or a recurring payment

      • Once you select the recurring transfer type, you'll be able to select the 'Send on' date - which will be the date the transfer will begin processing

    • Step 4: You have the option to add a message to the recipient or bookkeeping details (category, a note or an attachment) to the transfer

    • Step 5: Review the transfer details and send it

See here, for more details on sending automatic recurring transfers.

Wire transfers submitted from Baselane before 4:45 PM ET will be processed on the same day. Baselane’s domestic wire processing times are 1:00 PM ET and 4:45 PM ET. Any domestic wire instructions received after 4:45 PM ET, on weekends, or on federal bank holidays will be processed the next business day. You can see the status of this transfer in the 'Activity' section of the Transfers & Payments tab.

The current Wire transfer limits for individual Baselane Banking accounts are a $250k daily limit and a $500k monthly limit. If you want to submit a Wire transfer that exceeds these limits, please reach out to Baselane Support at [email protected], from Mon-Fri 8 AM - 8 PM EST. Call us at +1 (888) 586-1618 from Mon-Fri 9 AM - 5 PM EST.

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