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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