Yes, you can wire money from a Chase savings account, but Chase charges a fee and the money leaves your account the same day or next business day

Chase allows outgoing domestic and international wire transfers from savings accounts through Chase Online, the Chase Mobile app, or by calling 1-800-935-9935. The bank charges $15 for domestic wires and $15 for international wires sent to most countries (some destinations cost more). The money typically leaves your account the same business day if you send it before the bank's cutoff time, usually around 2 p.m. ET on weekdays.

You will need the recipient's bank account number, routing number, and bank name for domestic transfers. For international wires, you will also need the recipient's SWIFT code or IBAN. Chase will ask you to confirm the recipient's name and account details before processing—this is a fraud prevention step, and mismatched information can delay or reject the transfer.

Key Takeaways

  • Chase charges $15 per domestic wire and $15 per international wire from a savings account, deducted from your balance at the time of transfer.
  • Domestic wires typically arrive the same business day if sent before 2 p.m. ET; international wires usually take one to three business days.
  • You can initiate a wire through Chase Online, the mobile app, or by phone, but you cannot cancel a wire after it has been sent.
  • Chase requires the recipient's full name, account number, and routing number for domestic wires; international transfers also need a SWIFT code or IBAN.
  • If a wire is sent to the wrong account, you cannot recover the money through Chase—you must contact the recipient's bank directly.

How to send a wire from Chase Online or the mobile app

Log into Chase Online or open the Chase Mobile app and navigate to the Transfers section. Select "Send Money" and choose "Wire Transfer." Enter the recipient's bank name and account details. For domestic wires, you will need the routing number (a nine-digit code that identifies the recipient's bank). For international wires, you will need the SWIFT code or IBAN instead of a routing number.

Chase will display the wire amount, the $15 fee, and the total that will leave your account. Review the recipient information carefully—Chase will ask you to confirm the recipient's name and account number match what you entered. Once you submit, the wire is locked in and cannot be stopped. Domestic wires typically process the same business day; international wires may take one to three business days depending on the destination country and the recipient's bank.

Sending a wire by phone

Call Chase at 1-800-935-9935 and tell the representative you want to send a wire transfer. Have the recipient's bank name, account number, and routing number (or SWIFT code for international transfers) ready. The representative will confirm your identity, verify the recipient details, and process the wire. The $15 fee will be deducted from your savings account.

Phone wires are subject to the same cutoff times and processing speeds as online wires. If you call after 2 p.m. ET on a business day, the wire may not process until the next business day. The representative will give you a confirmation number—save this in case you need to reference the transfer later.

Wire transfer limits and holds on your savings account

Chase does not publish a standard daily or monthly wire transfer limit for savings accounts, but the bank may restrict wire amounts based on your account history, the recipient, and fraud detection rules. If you are sending a large wire, call Chase ahead of time to confirm the amount will go through without a hold.

If your savings account has a hold on funds (for example, from a recent deposit), you cannot wire money that is part of the hold. The wire will only process if the amount you are sending is available and not subject to a hold. Check your available balance in Chase Online before initiating a wire to avoid a failed transfer.

What happens if a wire goes to the wrong account

Once a wire leaves Chase, the bank cannot recall it or reverse it. If you sent the wire to the wrong account number or bank, you will need to contact the recipient's bank directly and ask them to return the funds. Provide the recipient bank with the wire confirmation number, the amount, and the date sent. The recipient bank may be able to recover the money, but this process can take weeks or months, and there is no may provide the funds will be returned.

To avoid sending money to the wrong account, always double-check the recipient's account number and routing number before confirming the wire. If you are unsure about the details, contact the recipient directly and ask them to verify their account information in writing.

Alternatives to wires if you want to avoid the $15 fee

Chase QuickPay (also called Chase QuickPay with Zelle) allows you to send money to people you know using their email address or phone number. There is no fee, and the money typically arrives within one to three business days. This works only for transfers within the United States and only to people you have added to your contacts.

ACH transfers (Automated Clearing House) are free and take one to three business days. You can set up an ACH transfer to another bank account through Chase Online by providing the recipient's routing number and account number. ACH transfers are slower than wires but cost nothing.

External transfers to another bank account you own are also free through Chase Online. If you have a savings account at another bank, you can link it to your Chase account and move money between them at no cost, though the transfer takes one to three business days.

International wire fees and timing

Chase charges $15 for most international wire transfers, though some countries have higher fees. The recipient's bank may also charge a fee to receive the wire, which is deducted from the amount that arrives. Ask the recipient what their bank charges before sending an international wire, so they know how much money to expect.

International wires typically take one to three business days, depending on the destination country and the recipient's bank. Some countries have slower banking systems, and wires to those destinations may take longer. Chase will provide an estimated delivery date when you initiate the transfer. If the wire does not arrive within the estimated timeframe, contact Chase with your confirmation number and ask them to trace the wire with the recipient's bank.

Frequently Asked Questions

Can I cancel a wire after I send it?

No. Once Chase processes a wire, it cannot be stopped or reversed. If you realize you made a mistake immediately after sending it, call Chase right away with your confirmation number—in rare cases, the bank may be able to intercept the wire before it reaches the recipient's bank, but this is not may provide and depends on timing.

What is the difference between a wire and an ACH transfer?

A wire is faster (same day or next day) but costs $15. An ACH transfer is free but takes one to three business days. Use a wire when you need money to arrive quickly; use ACH when you have time and want to avoid the fee.

Do I need a minimum balance to send a wire from my Chase savings account?

Chase does not require a minimum balance to send a wire, but you must have enough available funds to cover the wire amount plus the $15 fee. If your account balance is too low, the wire will not process.

Will Chase hold my money if I send a large wire?

Chase may place a hold on large wire transfers as a fraud prevention measure. If you plan to send a wire over $10,000, call Chase ahead of time to notify them and confirm the transfer will go through without a hold.

What if the recipient's bank rejects my wire?

If the recipient's bank rejects a wire because of incorrect account information or other reasons, the money will be returned to your Chase savings account within five to ten business days. Chase will not refund the $15 wire fee. Contact Chase with your confirmation number to check the status of a rejected wire.