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Wires/Western Union

Missouri Corporate Credit Union offers a variety of ways for you and your members to deposit money into, or transfer money out of, your Corporate Account.

Wire Transfers

MCCU's Wire Transfer Service represents the most cost-effective and efficient way for your credit union to electronically move funds between MCCU and nearly any other financial institution worldwide.

Wire Transfers happen the day they are made. If you place the order before the cut-off time, you can use the funds the very same day.

Plus, MCCU has a stringent system of authorizations, callbacks and security codes to protect your credit union from error and fraud. This system is replicated throughout the wire network so that your protection is assured.

Transfers are posted directly to your Overnight Share Account. They are identified as wires on your statement for easy reconciliation.

We accept wires into your Corporate Account free of charge. There is a modest fee for outgoing wires to your primary bank, other financial institution or for third-party wires. Savings are made possible through the efficiencies of MCCU.

The cost to you is highly competitive, and Wire Transfers represent a potential source of fee income for your credit union.

Western Union Money Transfer

When a member needs quick cash, a Western Union Money Transfer is the ideal way to send the needed funds to thousands of locations. And thanks to MCCU, your credit union can use this money transfer system at a substantial savings.

Making a Western Union Money Transfer is easy for both you and your member. Your member need only call or stop by the credit union to place the order and name the payee. Your order is normally available within 20 minutes. There is no delay for credit checks, and no need to deliver cash in advance because we make the payment for you.

And of course, Western Union Money Transfers are safe. They are subject to the same procedures, limits and authorizations used to secure MCCU wire transfers. Western Union enforces a strict identification procedure before honoring any transfer.

To claim a money transfer, payees need only go to the most convenient Western Union agent or office — many locations are open 24 hours a day, seven days a week — and properly identify themselves to receive the money transfer.

 

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