Wire Transfers

Wire money without getting off the couch.

Send domestic wire transfers directly from the SoFi app or website for a seamless money-moving experience. These transfers are ideal for large transactions where time matters, like buying a
home or car.

Open an account


Already have an account? Transfer money now→

How SoFi makes wiring money quick and easy.


  • Same-day transfers

    Send money quickly and securely to domestic accounts. In most cases, wires submitted by 3:30pm ET on business days will process the same day.

    NOTE: Wire transfers submitted on weekends, bank holidays, or after 3:30pm ET on business days will be processed the next business day.

  • Seamless digital experience

    Initiate wire transfers from the comfort of your couch through the SoFi app or website.

  • Transparent pricing

    With SoFi wire transfers, there are no hidden fees or surprises. You’ll pay $30 per outbound wire, and SoFi won’t charge any fees for inbound wires.1

NOTE: You can still make no-fee money transfers for smaller purchases through Zelle®2, ACH, Bill Pay, and P2P payments.

How to wire money online.

You’ll need the recipient’s name and address, plus their account and routing numbers to complete the transfer.

Log in to your account.

Navigate to “Banking,” tap “Transfer,” select “Wire Transfer.”

Follow the prompts.

Open an account


Already have an account? Transfer money now→

Protect yourself against wire transfer scams.

Remember: Once a wire transfer is submitted, it cannot be reversed.

Scammers can pose as friends, family, banks, or even the government.

Scams can include urgent requests to open a new account and wire money, last-minute changes to wire details, or high-yield crypto investment offers.

Call your recipient on a known phone number to confirm, even if you received the wire request via email or text.

Learn more about the ins and outs of wire transfers.

FAQs

A wire transfer is a fast and convenient way to send money from one bank account to another. It’s often used for big purchases like homes or cars, or whenever you need to move a large amount of money fast.
Log in to your SoFi account on the app or web. Then navigate to Banking > Transfer > Wire transfer > Send a wire, and follow the instructions from there. You’ll need to know the recipient’s name, address, bank account number, and wire routing number.
Not at this time. We only support wire transfers within the U.S.
We charge a $30 fee to send a wire to cover the processing costs. This fee will be charged separately and only when your wire has been successfully processed.1
You can generally send as much as you have available in your checking or savings account (minus the $30 processing fee).
Most wire requests submitted before 3:30 PM ET on business days are processed the same day. There could be a delay if we need more information. Wires submitted after 3:30 PM ET on business days, or on weekends or bank holidays, will be processed the next business day.
Yes, in addition to wire transfers, we offer several other options to send money within the U.S. The following options are available at no cost.
1. Pay-a-friend (P2P): Send money instantly to another SoFi member or to someone with a U.S.-based bank account.
2. Zelle®: Conveniently send money to family, friends, and small businesses with a U.S. bank account. All you need is their email address or U.S. mobile number—no need to share account details.2
3. Bill Pay: Pay your bills electronically or by paper check, whether it's with a business or an individual.
4. ACH transfers: Easily transfer money between accounts under your name at different banks.
We appreciate your patience. All Checking and Savings and Samsung Money by SoFi members will be able to initiate outbound domestic wire transfers via the app or through SoFi.com soon. Keep an eye out in your app/web and your email to know when it's available to you.

In the meantime, you can continue to submit a request for outbound wire transfers for home purchases via our contact center while the self-service option is not yet available for you.

See all FAQs