Wire transfer is a way to move funds electronically from one bank to another. Funds transferred by this method are considered collected and available for immediate use as soon as the wire is received.
Incoming Domestic Wire Transfers:
All incoming wire transfers are received by Bremer Bank Twin Cities and then forwarded to the client's account based on the wiring instructions below:
Wiring Instructions:
Deliver/Send to: Bremer Bank, National Association, South St. Paul, MN
ABA/Routing Number: 096010415
BBK(Beneficiary Bank): Bremer Bank, (City, State)
BNF(Beneficiary): Customer Name and Account Number
Example:
Deliver/Send to : Bremer Bank, National Association, South St. Paul, MN
ABA: 096010415
BBK: Bremer Bank Alexandria, Minnesota
BNF: Joe and Jolene Smith, 123456
The charge for an incoming domestic wire is $13.00 and the cutoff is 4:30 p.m.
If a wire is being sent within the United States it takes 1-2 hours once it has been sent.
Incoming Foreign Wire Transfers:
Beneficiary Bank: Bremer Bank NA
St. Paul, MN
Swift: BRFSUS4T
USD Correspondent Bank: Bank of America National Trust & Savings Association
New York, NY 10048-1191
Swift: BOFAUS3N
Beneficiary:
_______________ Account Name
_______________ Account #
_______________ Bremer Bank Location
*International Incoming Wires are $20.00/International Outgoing Wires are $30.00.
International wires generally take up to 2 days, however they may take as long as 10 days to be received.
Outgoing Wire Transfer Instructions:
To initiate an outgoing Wire Transfer each client will need a PIN number. To obtain a Wire Transfer PIN number the client will need to go into a branch office and request Wire Transfer Authorization.
The charge for an outgoing domestic wire (nonrepetitive) is $22.00 - the cutoff is 3:00 p.m.
Repetitive domestic wires out are $13.00.