Wire Transfers (Domestic & International) — South State Bank

South State Bank wire transfer services provide fast, reliable and secure movement of funds both within the United States and across international borders. Whether you need to send payroll, make a one-time payment to a vendor, settle a real estate transaction, or transfer funds to family overseas, our wire transfer options are designed to meet the needs of consumer and business customers alike while maintaining strong controls and regulatory compliance.

Key Benefits

• Speed: Domestic wires are typically processed same business day when received before the bank’s cutoff; international wires are routed as quickly as currency corridors and correspondent relationships allow.
• Reliability: Established correspondent networks and secure routing standards reduce the risk of misdelivery.
• Security: Multi-layered authentication, encryption and verification procedures protect your funds and account information.
• Traceability: Each wire is assigned a unique reference for tracking and reconciliation.
• Flexibility: Send in USD or, where available, in a range of foreign currencies to support cross-border business and personal needs.

Domestic Wire Transfers

Domestic wire transfers move funds between U.S. financial institutions using established routing networks. They are commonly used for high-value or time-sensitive payments that require immediate credit to the beneficiary’s account.

How Domestic Wires Work

1. You initiate the wire through online banking, mobile app, branch, or by contacting your relationship team.
2. Provide beneficiary details (name, account number, receiving bank routing number, beneficiary address) and amount.
3. South State Bank verifies the request, applies security checks, and routes the wire through the domestic payment network.
4. The receiving bank credits the beneficiary’s account, and you receive confirmation with a reference number.

Typical Use Cases

• Real estate closings and escrow disbursements.
• Urgent supplier or vendor payments.
• Large personal transfers and one-time obligations.

International Wire Transfers

International wires enable you to send funds to beneficiaries outside the United States. These transfers can be executed in U.S. dollars or foreign currency and involve correspondent banks, foreign clearing systems, and local banking partners to complete delivery.

What You Need to Send an International Wire

• Beneficiary full name and address
• Beneficiary bank name and full address (or city and country where applicable)
• Beneficiary account number or IBAN (where used)
• SWIFT/BIC code of the beneficiary bank
• Purpose of payment or remittance information when required by regulations

Processing Time and Currency

International transfer timing varies by destination, currency and correspondent routing. Some destinations receive funds within one business day; others may require multiple business days depending on time zones, local clearing hours and compliance checks. If you send in a foreign currency, the exchange rate applied will be indicated at the time of execution and may include a conversion margin.

Fees, Limits and Pricing

Wire transfer fees may vary depending on the customer type (consumer or business), channel of initiation, destination and currency. International transfers may incur correspondent fees and receiving bank charges that can be deducted from the transferred amount or billed separately. South State Bank provides transparent fee disclosure at the time of initiation and includes the ability to choose who pays intermediary fees—sender, beneficiary, or shared.

Security and Compliance

Security is paramount. South State Bank employs end-to-end encryption, secure authentication, transaction monitoring and multi-factor verification on wire initiation. All transfers are subject to anti-money laundering (AML), sanctions screening and know-your-customer (KYC) processes. To reduce fraud risk, high-value and new-payee wires may require additional verification such as callbacks, documentation or in-person confirmation.

How to Initiate a Wire

• Online Banking / Mobile App: Initiate domestic and eligible international wires through authenticated channels. Review confirmation details carefully before submission.
• Branch or Relationship Manager: Visit a branch or contact your assigned banker for assistance with complex or high-value transfers.
• Business Treasury Services: Tailored solutions for corporate clients include bulk payment capabilities, positive pay integration and automated reconciliation tools.

Tracking, Cancellation and Returns

After submission, you will receive a confirmation with a reference number to track the wire. Domestic wires are often irrevocable once processed; international wires may, in limited circumstances, be recalled or returned, but recovery is not guaranteed and may incur fees. If an error occurs, contact the bank immediately to initiate trace and recall procedures. Returned funds follow the receiving bank’s processing timelines.

Best Practices

• Verify beneficiary details carefully; incorrect account numbers or codes can delay or misroute funds.
• Confirm the correct currency and who will pay intermediary fees to avoid unexpected deductions.
• Keep documentation of the transaction and any communications for reconciliation and regulatory purposes.
• Use trusted communication channels and be cautious of social engineering or email fraud related to payment requests.

Eligibility and Availability

Wire transfers are available to eligible South State Bank customers subject to account agreements, identification and necessary authorizations. Certain high-risk jurisdictions or transaction types may be restricted in accordance with regulatory and sanctions obligations.

Frequently Asked Questions

How long does a domestic wire take?

Domestic wires submitted before the bank cutoff are typically processed the same business day. Exact timing depends on submission time and receiving bank processes.

Can I cancel a wire?

Cancellations are possible prior to final processing but not guaranteed. Contact the bank immediately if you need to stop or recall a wire.

What information is required for international wires?

Beneficiary name, account or IBAN, beneficiary bank SWIFT/BIC, beneficiary bank location, and any regulatory purpose information required by the destination country.

South State Bank’s wire transfer services are built to deliver speed, security and clarity for both domestic and international payments. Speak with your banking representative to determine the best wire strategy for your personal or business needs and to understand current processing times, available currencies and pricing options.

Address Bank: Winter Haven, Florida, U.S.
Bank: South State Bank
Headquarters: Winter Haven, Florida
Products: Payments & Treasury
Type: Wire Transfers (Domestic & International)