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Digital Wire Transfers for Business

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We know that as a business owner, your time is valuable. To help you simplify your banking experience and save time, we're giving select business members early access to digital wire transfers.


Ready to try it out?

Sign in to Coast Online® Banking to get started today.

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Digital wire transfer benefits

1
Send wire transfers from the comfort of your own home or office
2
Save time since you won’t need to visit a branch
3
Easy approvals for multi-signer business memberships

Sending wire transfers is easier than ever

Watch our video or follow these simple steps:

  1. Log in to digital banking on desktop
  2. From the menu, click Transfers, then Wire Transfers
  3. Fill in the fields and click Continue
  4. Review your wire transfer and click Confirm
Send this transfer often? Consider setting it as a Favourite from the receipt page to save time in the future.

FAQs

For sending wire transfers inside of Canada:

  • Beneficiary’s full name (or full business name), bank account number and address
  • Beneficiary’s bank information including its full name, 5 digit transit number and 3 digit institution number
For sending wire transfers outside of Canada, check out our Information Checklist for full details.

There are no additional fees for sending wire transfers online in comparison to in-branch. See our Service Fees page for up to date information on fees associated with wire transfers.

Wire transfer transactions initiated online are processed during regular business day processing hours (Monday-Friday, 8:30am – 3:30pm PT excluding holidays observed in BC). Transactions initiated after hours will usually be processed the following business day.

If your transaction requires multiple signatures, it will be processed once all necessary authorizations are provided.

Foreign exchange rates may change between the time you initiate a transaction online and the time the transaction is processed by Coast Capital. The foreign exchange rate applied will be the one in effect at the time your transaction is posted.

Wire transfer transactions initiated online are processed during regular business day processing hours (Monday-Friday, 8:30am – 3:30pm PT excluding holidays observed in BC). Transactions initiated after hours will usually be processed the following business day. If your transaction requires multiple signatures, it will be processed once all necessary authorizations are provided.

At this time, only a small group of business members have been invited to participate in the pilot and contacted by a Coast Capital team member in advance.  If you didn’t hear from us, don’t worry – this feature will be rolled out to a wider group of members in time.