You can initiate a wire transfer in person at any branch location or remotely through Business Online Banking.
Important: Protect Yourself from Wire Fraud
Wire fraud is on the rise. Because wire transfers are processed almost immediately, funds are often impossible to recover once sent.
Call to Confirm: If you receive wiring instructions via email, call the recipient at a known, trusted phone number to verbally verify the information.
Beware of Changes: Be extremely suspicious of "last minute" changes to wiring instructions or requests sent via email, even if they appear to come from a known contact.
Trust Your Gut: If a request feels urgent or unusual, stop and verify it through a different communication channel.
Outgoing Wire Transfer Fees
Method | Domestic Transfer Fee | Foreign Transfer Fee |
In-Person (Branch) | $10 | $15 |
Business Online | Waived | $15 |
Hingham Institution for Savings does not charge a fee for incoming wire transfers. This information can also be found on our fee schedule.
Processing Times
Same-Day Service: Wires are processed the same business day if initiated by 6:00 PM ET, Monday through Friday.
After Hours: Requests submitted after 6:00 PM ET, or during weekends and holidays, will be processed the following business day.
Information Required
Before you initiate a wire transfer, ensure you have gathered the following details.
For Domestic Wires:
Name of who you want to send the wire transfer to, typically referred to as the beneficiary
Beneficiary's account number
Beneficiary's address
Beneficiary's bank name and address
Beneficiary's bank routing number
For Foreign Wires:
Name of who you want to send the wire transfer to (beneficiary)
Beneficiary's account number or IBAN, if applicable
Beneficiary's address
Beneficiary's bank name and address
Beneficiary's SWIFT Code or BIN