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International Services

Missouri Corporate Credit Union offers the following international payments:

Wires

International wires are a good choice when transferring money to a company or organization overseas and to individuals holding accounts at foreign institutions. A wire can be sent in a foreign currency or in U.S. dollars.

Drafts

Checks or drafts drawn on a foreign institution can be issued and mailed to any location. Stop payment rules used in the United States are not applicable on the drafts. The clearing process is much longer on these items, and receiving payment back can take several weeks. But if you want to make sure the payment goes directly to the hands of the beneficiary rather than through a foreign bank, a draft is a good choice.

Western Unions

International Western Union is the best way to get funds quickly to a friend or family member. An International Western Union is normally available for pick-up within 24 hours. The beneficiary will be paid in the currency of the country they are in.

When preparing to send an international funds transfer, you can always contact a MCCU member service representative for assistance. We can answer any questions you might have, and assist you in selecting the best method.

 

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