A wire transfer is a method of transmitting funds electronically from one financial institution to another. In most cases, the funds are received the same day they are sent. Once a wire transfer is sent, the funds leave the bank immediately and cannot be returned.
Wire transfers initiated in the U.S. Bank Mobile App or online banking1 are limited to domestic (U.S.) transactions, in U.S. dollars, to bank accounts at financial institutions in the United States. International wire transfers may only be completed by visiting a U.S. Bank branch.