Incoming Wire Transfers: We do not accept incoming wire transfers under any circumstances.
Outgoing Wire Transfers: If you are expecting that you will need an outgoing wire transfer, please contact us as soon as possible so that we can obtain the required information and look into approving this for you.
Conditions for Wire Transfers:
- Wire transfers at SoFi are done on an exception basis.
- The Beneficiary of any wire CANNOT be a person, wires must be sent to a business.
- One of the following criteria must be met for the transfer to be approved:
- Home purchase/settlement
- Amount in excess of $250,000
All outgoing wire requests must be received by 4:00 PM EST for same-day processing.