Transfers

Transfers to and from Other Financial Institutions

Moving money into Market USA or from Market USA to another institution is easy. Simply enroll in Online Banking. Once in our App or Online Banking, select Transfers & Send Money and then External Transfers to set up an external account at another financial institution. This can be used to easily have your Market USA loan paid from funds at another financial institution. The transfer can be set up to be recurring. Transfers are limited to $5,000 per day and $15,000 per month. There will be a 3-day hold on Incoming funds transferred from other financial institutions.

Set up Recurring Transfers

Make saving easy or have automatic loan payments with recurring transfers! Enroll in Online Banking. In our App or Online Banking select Transfers & Send Money and then Make a Transfer. After selecting the accounts for the transfer and the amount, select Repeating Transfer.

Transfers between your Market USA Accounts

Enroll in Online Banking. In our App or Online Banking select Transfers & Send Money and then Make a Transfer.

Wire Transfers

Wire transfers are a secure and convenient way to send and receive money via your Market USA savings, checking or money market account. To request a wire transfer, you must fill out a Wire Transfer Request Form and fax it to 866-262-1773 or drop it off at a branch.

Domestic Wire Transfer Request. Outgoing domestic wire transfers submitted by 2:30 p.m. on a business day will be processed the same day.

International Wire Transfer Request. Outgoing international wire transfers submitted by 11:30 a.m. on a business day will be processed the same day.

For wires coming into your Market USA account, you will need to provide the following:

Receiving Bank
Market USA FCU
8871 Gorman Rd, #100
Laurel, MD 20723
ABA Routing Number: 255077493
Beneficiary
  • Member Name
  • Member Number for wires into your savings account or checking number on bottom of checks to go into your checking account
  • Member Address
Special Instructions Any special instructions you have if applicable

Fees for outgoing wire transfers are $15 domestic and $35 International.

Popmoney

Quickly send money to anyone, anywhere, using our Popmoney feature in Bill Pay (a Market USA checking account is required)! All you need is an email or mobile phone number to get started.

Simply log into Online Banking or the Mobile App and:
  1. Click Bill Pay on the menu bar (you will need to enroll if haven't already)
  2. If you don't currently have any bills set up, click "What else can I do?"
  3. Click the Popmoney tab
  4. Enter the name, email or mobile phone number, amount, and any personal message
  5. Popmoney will send a notification to the recipient via email or mobile phone. This notification will include instructions on how to retrieve the payment.

We will soon be offering transfers to and from other institutions within our standard transfers menu. More details coming soon!

Incoming International Wire Transfers

There are two ways you can receive international wire transfers:

Option 1: Send the request through a large US bank with a global network. You will need to provide Market USA's routing number (255077493) and your account information. The bank can use its' own U.S. bank intermediary to transfer funds from international to their U.S. counterpart.

Option 2: Incoming international wires requiring a SWIFT address, can be received through our partner institution, Vizo Financial, and The Bank of New York Mellon. The funds should be sent in US dollars only. Please provide the following information to the originating institution.

Swift Code Field Tag Required Information
57A Beneficiary Bank Name The Bank of New York Mellon
SWIFT Address IRVTUS3N
ABA Number 021000018
Beneficiary Bank Address 240 Greenwich Street, New York, NY 10286
59 Beneficiary Account Name Western Union Business Solutions
Beneficiary Account Number 8901309192
70 Reference Vizo Financial, Market USA FCU, Your Name, Member Number, and Account Type (S1, S5, S7)