Capital One Wire Transfer

Wire transfer is the fastest mode of receiving money in your Capital One account. You can receive money from within USA (Domestic Wire Transfers) or from a foreign country (International wire transfer). The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Capital One

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer. Small banks and credit unions generally don’t have this arrangement, so they use services of an intermediary bank (correspondent banks) which have this arrangement to realize the wire transfer. Intermediary banks are usually big multinational banks which have working arrangements with many top banks across the world.

Note: Banks in USA don’t use IBAN account number.

Incoming International Wire Transfer Instructions

Capital One doesn’t have a swift code and so it might not be able to receive the transfers directly. However, you can still receive the wire funds in your account. The sender’s international financial institution will have a corresponding bank in the U.S. they can wire to, which will forward the funds to Capital One via domestic transfer using routing number. The instructions will be something like this:

Beneficiary Information
Your Full Name:The name of your account as it appears on your statement
Your Account Number:Your complete bank account number
(including leading zeros)
Your Address (including City, State & County):Your complete address
Beneficiary Bank
Bank Name:Capital One NA
Routing Number:Choose your Routing Number depends on which banking institution opened your account –
Capital One Bank (USA), N.A.: 051405515
Capital One, N.A.: 056073502
Capital One 360: 031176110
Address (including City, State & County):Capital One NA
1680 Capital One Drive,
Mclean, VA 22102
Intermediary Information
Bank Name:Correspondent/Intermediary Bank
Swift Code:Swift code of correspondent/intermediary bank
Address:Correspondent bank address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees.

Domestic Wire Transfer to Capital One

Domestic wire transfers are run through either the Fedwire system or the Clearing House Interbank Payments System (CHIPS). Wire transfers are different from ACH transfers. Wire transfers are real time transfers (receiver usually get the money, same day) and costs more than ACH transfer (which takes 2-4 days for transfer of money).

Incoming Domestic Wire Transfer Instructions

You can receive funds to your Capital One account from any bank within USA using domestic wire transfer. You need to provide the following details to sender of the funds who will initiate the domestic wire transfer through his/her financial institution.

Bank Name:Capital One NA
Wire Transfer Routing Number:Choose your Routing Number depends on which banking institution opened your account –
Capital One Bank (USA), N.A.: 051405515
Capital One, N.A.: 056073502
Capital One 360: 031176110
Account Holder Name:Your Name
Account Number:Your Bank Account Number
Bank Address, with City & State:Capital One NA
1680 Capital One Drive,
Mclean, VA 22102
(regardless of where your account is located)

Wire Transfer Fees for Capital One

International and Domestic Wire Transfer Fees for Capital One are as follows:

InternationalIncoming$15 for each transaction
Outgoing$40 (if wire is in foreign currency) or $50 (if wire is in US dollars) for each transaction
DomesticIncoming$15 for each transaction
Outgoing$25 for each transaction

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate.

Sending Wire Transfer From Capital One

To transfer funds to an International/Domestic account from your Capital One account, you will need to visit a Capital One Bank branch or call the number listed on the back of your debit card. You will require the receiver’s complete information as mentioned in the above section to initiate the wire transfer. Also, note the following points:

  1. Wire transfer requests must be received and confirmed by cut-off time of Capital One for same-day transaction.
  2. There is a fee for sending a wire transfer.

Note: For international wires requested after Capital One daily cut-off time, due to fluctuations in the foreign exchange rates, international wire transfers for amounts other than U.S. currency will be estimated and processed on the next business day at the foreign exchange rate valid at that time.

Wire Transfer Cut-off Time for Capital One

  1. Wire transfer daily cut-off time for International wire transfers is 4 p.m. ET
  2. Wire transfer daily cut-off time for Domestic wire transfers is 5 p.m. ET
  3. Requests received after cut-off time will be processed the next business day.

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