Chase wire transfers review June 2019 | finder.com
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Chase Bank wire transfer review

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A quick, easy way to send money around the world.

Chase offers the convenience of sending secure international wire transfers online or at your local bank branch — but watch out for member requirements and high fees.

How much will I pay to transfer money with Chase?

Chase Bank’s transfer fees depend on whether you’re sending or receiving an international wire transfer:

  • To send an international wire transfer at a branch, you’ll pay $45.
  • To send an international wire transfer online, you’ll pay $40.
  • To receive an international wire transfer to your account, you’ll pay $15.

How are Chase’s exchange rates?

Like any large bank, Chase updates its rates regularly in line with global currency market fluctuations. Its exchange rates are similar to those offered by other large US banks but not as attractive as the rates you’ll get by using an independent money transfer specialist.

Who charges less?

Independent transfer services usually win out over banks when it comes to fees. There are several providers who will send a transfer for free with competitive exchange rates, including OFX, XE and TransferWise.

Available currencies and countries

Send money in more than 35 currencies worldwide.

As a general rule, you will not be able to transfer money to the following countries due to US sanctions:

  • Afghanistan
  • Belarus
  • Iran
  • Iraq
  • Lebanon
  • Liberia
  • Libya
  • Myanmar
  • Sierra Leone
  • Syria

How does Chase compare to other services?

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer partners.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 0 3 - 5 days USD 0.00 0.868 EUR 4,338 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
USD 1 1 - 2 days USD 0.00 0.875 EUR
4,373
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1 Within an hour USD 0.00 0.863 EUR 4,314 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1,000 1 day USD 0.00 0.866 EUR 4,329 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.871 EUR 4,356 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 5,000 1 day USD 0.00 0.86 EUR 4,299 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details
USD 50 1 - 2 days USD 0.00 0.86 EUR 4,299 Simple, zero-margin exchange rates, plus earn loyalty points on sign up, referral and every transaction. Go to site Show details

Compare up to 4 providers

Looking for an alternative? Compare services like Chase to get the best rates and fees.

What types of transfers can I make with Chase?

You have two options for transferring money with Chase:

  • One-off transfers. Make a one-time wire transfer.
  • Recurring transfers. Schedule a repeating wire transfer.

You can send your international wire transfer on the same day or initiate a transfer for a future date online or at a Chase bank branch. If you submit your transfer by 4 p.m. ET, it will be processed the same business day.

With online banking, you can send repeat wire transfers to the same recipient and delegate others to request and approve wire transfers.

What are the pros and cons of using Chase wire transfers?

Pros

  • Secure transfers. Wire transfers are a safe, reliable way to send money to international bank accounts.
  • Trusted institution. Chase is ranked No. 1 for customer satisfaction in the large bank category for three consecutive years by the American Customer Satisfaction Index.
  • Financial strength. Chase is backed by JP Morgan Chase & Co., a leading global financial services firm.
  • Easy process. Chase provides step-by-step instructions for hassle-free money transfers.

Cons

  • High fees. You’ll pay more in fees than you would by going with an independent money transfer provider.
  • Chase customers only. You need to bank with Chase and set up a checking account to make a transfer.

How do I send money overseas with Chase?

To send an international wire transfer with Chase, you first need to open a checking account. Once you’ve set up your account, take these steps to transfer money online.

  1. Add a wire recipient to your account.
  2. Click Make a Wire Transfer and enter your transfer details.
  3. Review your transaction details and send your funds.

What are the transfer limits?

The total daily limit on wire transactions with Chase is $100,000 or your available balance. Business customers can request a higher limit.

How do I track my Chase wire transfer?

Easily check the progress of a transfer through your online banking account, by visiting a branch location or by calling Chase’s customer service line between 8 a.m. and 8 p.m. ET at 800-935-9935.

Does Zelle work with Chase?

Yes. Chase customers can send money through Chase QuickPay with Zelle, a peer-to-peer payment service, using the mobile app. Here’s what you need to do:

  1. Log in and select QuickPay with Zelle.
  2. Follow the onscreen instructions to select a recipient and enter the amount you want to send.
  3. Hit Send money.
  4. Check to make sure you got a confirmation that your money was sent.

Chase SWIFT/BIC information

Bank nameSWIFT/BICBank addressRecipient’s nameRecipient’s account number
JP Morgan Chase BankCHASUS33Chase Bank, 270 Park Avenue, New York, NY 10017Beneficiary’s name as it appears on the bank statementComplete bank account number

What is Chase Bank?

With more than 5,400 branches, 15,500 ATMs and online, mobile and phone banking solutions, Chase offers its financial products and services to personal and business customers all over the US. It ranks No. 1 for customer satisfaction for large US banks year after year.

Chase’s banking services are backed by the experience and financial strength of global financial services firm JP Morgan & Chase Co., which has assets of nearly $2.6 trillion.

If you ever need help, Chase offers phone support 24/7. Email and Twitter support are also available, or you can visit your nearest Chase bank branch.

What other products does Chase offer?

Chase is a full-service bank offering:

  • Credit cards. Choose from a range of credit cards to suit a variety of spending needs, from basic everyday cards to ones packed with features.
  • Home loans. Chase offers flexible mortgage solutions to help you own your home sooner or leverage equity in your current home.
  • Auto loans. Enjoy flexible loan options and payment features to fund your next set of wheels.
  • Investing. Chase offers investment solutions to help you take charge of your finances.
  • Checking accounts. Chase offers a range of checking accounts to help you manage your finances and get more out of everyday spending.
  • Saving accounts. Take advantage of high interest rates and minimal fees to build your savings.
  • Business banking solutions. From credit cards and checking accounts to managing international payments, Chase provides banking solutions for small and medium size businesses.

What do customers say about Chase?

JP Morgan Chase & Co. is not accredited with the Better Business Bureau and receives an F from the organization. However, TrustPilot gives Chase a TrustScore of 6.5 out of 10, with an average of three stars. 56% of reviews on TrustPilot are “excellent.”

Chase vs. the competition

Bottom line

Chase is a safe, reliable way to send money overseas. But you’ll pay a sizable transfer fee to get your funds to your recipient.

Compare Chase’s international wire transfer services with your international payment options from other banks and transfer providers to find the right transfer solution for your situation.

Frequently asked questions

Disclaimer

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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US International Money Transfers Offers

Important Information*
Logo for XE Money Transfer
XE Money Transfer

Offering no maximum and no minimum limit transfers with $0 fees.

Logo for WorldRemit International Money Transfers
WorldRemit International Money Transfers

Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

Logo for TransferWise
TransferWise

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Logo for CurrencyTransfer
CurrencyTransfer

Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.

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42 Responses

  1. Default Gravatar
    JasmineApril 9, 2019

    Someone purchase my product through olx and promised to pay me through bank transfer. Chase Bank emailed me a notice that Ms. Arenas already transferred the payment so I mailed the product. She already got my item but she and the Chase bank emailed me that to complete the payment I and Ms. Arenas should send 5k each to meet the minimum limit of transfer which is 40 , 500 pesos since the item only costs 30,000. Until now I’m still waiting for the payment. Please help me

    • Avatarfinder Customer Care
      johnbasanesApril 10, 2019Staff

      Hi Jasmine,

      Thank you for reaching out to Finder.

      We are a comparison website and not a money transfer company. You may however contact Chase directly for assistance due to the complexity of your concern. If you have the contact details of your buyer, you may also request assistance on what options you have in completing the transaction. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    AlswagMarch 17, 2019

    I want to learn how to do wire transfer this is my whatsapp number +23*********** pls help me

    • Avatarfinder Customer Care
      johnbasanesMarch 18, 2019Staff

      Hi Alswag,

      Thank you for reaching out to Finder.

      To send a wire transfer, you need to visit your local branch and provide the following information about the recipient’s account:
      Account holder name and full address
      Account number
      Branch number and full address
      Institution number
      Swift Code / BIC / IBAN code
      Routing Number (international)

      The representative would be able to assist you further.

      Hope this helps!

      Cheers,
      Reggie

  3. Default Gravatar
    KarinFebruary 6, 2019

    A friend wants to loan me $100.000 and transferred the money from his Chase account into my Chase checking account within the US. It’s the third day now and the money hasn’t arrived. Chase says that because of the large amount the transaction is ‘on hold’ and can’t say when they’ll do the transaction. What’s the reason behind this?

    • Avatarfinder Customer Care
      JhezFebruary 7, 2019Staff

      Hello Karin,

      Thank you for your comment.

      Transferring a large amount of money generally takes days for it to be done. Chase do this in order to ensure that there isn’t fraud happening when the transfer is made. If you want to check the status of the transfer, you may contact the bank directly.

      Regards,
      Jhezelyn

  4. Default Gravatar
    SandeepJanuary 24, 2019

    Someone transferred me money through express wire from Chase to Indian bank. It’s been 3 days but the money was not transferred yet. What to do next?

    • Avatarfinder Customer Care
      CharisseJanuary 25, 2019Staff

      Hi Sandeep,

      Chase international wire transfers are typically available to the recipient within 3-5 business days after being sent. However, the receiving bank (Indian bank) may have its own review process which could delay delivery.

      You can contact your sender to let him know that you still haven’t received the money in your Indian bank account so he can make a follow up on the transfer status with Chase.

      I hope this helps.

      Cheers,
      Charisse

  5. Default Gravatar
    AlohaDecember 9, 2018

    Is it possible to open a chase bank account in south Korea?
    If one of my family opens a chase bank account in south Korea, do they still charge for fees when money is transferred between accounts?

    • Avatarfinder Customer Care
      nikkiangcoDecember 12, 2018Staff

      Hi Aloha,

      Thanks for reaching out! You can open a Chase bank account in South Korea. A fee is not charged when you transfer from one Chase bank to another Chase bank. If it’s a Chase to different bank account transfer, the charges are below:

      Chase Bank charges varying fees depending on whether you’re sending or receiving an international wire transfer:

      Outgoing fee. $40
      Incoming fee. $15 (waived for Chase Premiere Platinum accounts)

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      Best,
      Nikki

  6. Default Gravatar
    EgorOctober 15, 2018

    Please answer the question about the minimum transfer amount from a Chase bank to a Russian bank Sberbank! They send me a letter stating that they cannot send the sum of $ 1100, but $ 1800 is already possible. Is this true and what are these new requirements for sending funds?

    • Avatarfinder Customer Care
      AnndyOctober 15, 2018Staff

      Hi Egor,

      Thanks for your question.

      There is no minimum transfer limit for Chase Bank but it has a daily limit on of $100,000 on wire transfers.

      I’m not sure why you are unable to send the full $1,100 to your recipient. You may have to contact Chase at 800-935-9935 to check why.

      The requirements for sending money to Russia from a Chase bank account include the receiver’s bank account information, international bank account number (IBAN) and international bank identifier code (BIC), or the receiving country equivalent.

      There are other ways to send money to Russia, you may visit our comprehensive guide on this page to check your alternative options.

      I hope this helps.

      Cheers,
      Anndy

  7. Default Gravatar
    JohnOctober 12, 2018

    Hi I’m from South Africa and awaiting funds from the USA, how much will i be charged to receive payment?

    • Default Gravatar
      joelmarceloOctober 12, 2018

      Hi John,

      Thanks for leaving a question on finder.

      Chase Bank charges varying fees depending on whether you’re sending or receiving an international wire transfer:

      – Outgoing fee. $40
      – Incoming fee. $15 (waived for Chase Premiere Platinum accounts)

      If you do not have a Chase bank account, you may want to check with your bank directly on what other charges they might have. Please note that there may also be intermediary fees on top of your bank fees.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

  8. Default Gravatar
    ZamanSeptember 24, 2018

    how can i deposit money from Bangladesh to my chase checking account in USA?

    • Avatarfinder Customer Care
      CharisseSeptember 25, 2018Staff

      Hi Zaman,

      Thanks for reaching out to finder.

      You can deposit the money by doing a bank to bank transfer or by using a money transfer company.

      If you want to send money from your Bangladesh bank account to your US Chase bank account, you can log in to your Bangladesh online baking account and transfer the money. If your bank in Bangladesh does not have online banking service, you can visit your bank’s nearest branch to do the deposit/transfer in person.

      If bank to bank transfer is not an option for you, you can use money transfer companies to deposit the money to your Chase bank account. Make sure you have your Chase IBAN number as well as that may be required. On this page, you can see options for money transfer companies that you can consider. You can send the money online or by visiting an agent location.

      I hope this helps.

      Cheers,
      Charisse

  9. Default Gravatar
    ronSeptember 21, 2018

    How can I pay online the amount from my chase bank account to australia with bsb and account number?

    Thank you

    • Avatarfinder Customer Care
      johnbasanesSeptember 21, 2018Staff

      Hi Ron,

      Thank you for leaving a question.

      If you are referring about transferring an amount to Australia with BSB, this is currently not being offered by Chase since Chase could only make transfers via the clearXchange Payments Network. The participating banks are as follows:

      Bank of America
      Capital One P2P Payments
      Chase QuickPay
      FirstBank Person to Person Transfers
      Frost Send Money
      U.S. Bank Send Money
      Wells Fargo SurePay

      You may need to reach out to a money transfer company that offers bank transfers for you to be able to complete your transaction. Hope this helps!

      Cheers,
      Reggie

  10. Default Gravatar
    annSeptember 9, 2018

    I have a transfer coming from france to Chase USA, what information do I need to make the transfer?

    • Avatarfinder Customer Care
      JoanneSeptember 10, 2018Staff

      Hi Ann,

      Thanks for reaching out.

      If you are sending an international money transfer to a Chase bank account, you will need these wire details: bank name, bank address and the Chase bank SWIFT Code.

      Hope this helps,

      Joanne

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