Wire transfers are the fastest and safe way to make deposits to and withdrawals from accounts at different financial institutions. Incoming wire transfers to deposit accounts received between 8:30 AM ET and 5:00 PM ET and incoming wire transfers to non-deposit accounts received between 8:30 AM ET and 4:00 PM ET are processed the same business day. Wire transfers are not processed on weekends or Federal Reserve holidays.
The Bancorp Bank (“Bank” or “Bancorp”) does not assess a fee for incoming wire transfers. The intermediary institution processing the transfer and remitting payment on behalf of the originating institution may assess a fee.
DOMESTIC
For incoming domestic wire transfers to deposit accounts, please provide the sender with the following information:
The Bancorp Bank ABA Routing Number: 031101114
The full 10-digit Bancorp deposit account number where the monies are to be deposited.
The person’s or company’s name on the Bancorp deposit account where the monies are to be deposited.
The address of the person or company named on the Bancorp deposit account where the monies are to be deposited.
IMPORTANT: Please tell the sender to include a brief, but specific description of the purpose of the money transfer. The Bank has a responsibility to understand each customer’s transactions to determine if a transfer fits the customer’s profile. If no apparent purpose is provided or is unclear our Wire Transfer Department may contact the Bancorp customer for additional information.
INTERNATIONAL
For incoming international wire transfers to deposit accounts, Please click on the Western Union link below and complete the form to obtain detailed wire instructions.
https://secure.westernunion.com/forms/tt/na/?country=us&clientid=BB5009-002
Note: The Bancorp Bank does not have direct relationships with international banks and uses Western Union as the intermediary for receiving incoming international wire transfers. The Internationals Bank Account Number (IBAN) and SWIFT code (an international bank code that identifies a particular bank) are provided by Western Union based on country of origin and currency selected.
IMPORTANT: Because the Bank has a responsibility to understand each customer’s transactions to determine if a transfer fits the customer’s profile, our Wire Transfer Department may contact the Bancorp customer for additional information about the purpose of the incoming wire transfer if the sender has not included a specific description of the purpose of the money transfer.
If you have any questions about incoming domestic or international wires, please call the Bank’s Wire Transfer Department at 302-385-5102 for assistance.