Navy Federal Routing Number

The Navy Federal Credit Union provides credit union to almost 7.5 million military members including their families. It is the world’s largest credit union. In case, if you are banking with Navy Federal or maybe you have future plans to do business with a person or organization who banks at Navy Federal then you will require the bank routing number.

Locate Navy Federal Routing Number

navy federal routing number

In case you want to find out how to find navy federal credit union routing number then you are lucky that they have only one routing transit number. These RTN number is the same for all locations. In other words, no matter where you are, you can use this number to do a wire transaction.

The Navy Federal Routing number

256074974

This means that your Navy Federal Credit Union Routing number is 256074974.

navy federal credit union routing number

The first four digits of Navy Federal routing number are known as Federal Reserve Processing Symbol. The reason is that they verify the Federal Reserve District as well as a regional processing center. The other four number tells us about the specific bank. Last but not least, the final digit came up through a special algorithm. It is called “check digit” because it verifies the entire number is legitimate.

Different Routing Numbers for International Wire Transfers

In the case of this bank wiring, all you need is the company’s RTN number. It uses one transit number for international transactions as it does for checks as well as direct deposits. However, different financial institutions and banks have an option for the separate routing number for money transfer. That is why you need to check a specific bank or credit union if you are not using their wiring.

Furthermore, you will also need to provide SWIFT code for international transaction. The SWIFT code contains a series of digits as well as letters which ranges from 8 to 11 characters. If you are using NFCU bank then you will not be using SWIFT code but if not then you might need it.

How To Send Or Receive Transactions

Bank makes sure that the money is safely transferred. Although, not everyone can use NF unless you are in the military. You must be wondering how money is sent or received in NFCU? Don’t worry, we will discuss about how money is sent or received in Navy Federal.

Sending a wire transfer

If you are looking for a money transfer, It provides you a variety of easy, secure as well as fast options. It will surely help you whether you are sending or receiving money from someone within the United States territories or foreign. However, not all branches of the bank can process the wire transfer, yet they will ensure that your money goes to the right place.

In case if you want to make a domestic wire transfer (within U.S. territory) then it will take almost 1 – 2 business days to transfer your money to the receiver. The fee for domestic wire transfer is $14.

Moreover, if you want to make a transfer of money foreign then you will use the international wire transfer method. This method allows you to send money to another country’s bank account. You can either send money in U.S. dollars or you can even send money in foreign currency. To ensure security and limit processing delays, you need to contact the payee for the receiver’s financial institution wiring instruction before you start the money transfer.

You need to pay $25 for the international wire transfer and it will take approximately 5 – 7 business days for the money to transfer in receiver’s bank account.

navy federal wire transfer guide

Information Required for Domestic Wire Transfer

Followings are the category and the information required.

Your information

  • Name
  • Account Number
  • Address
  • Include the sender and payee address in remarks if sending more than $3,000

Payee information

  • Name
  • Account type and number
  • Address

Transfer Information

  • Transfer amount
  • Third-part status
  • Additional wiring instructions

Receiving Financial Institution Information

  • Name
  • Address
  • Routing Number (ABA)
  • Corresponding or Intermediary Bank Name and RTN Number

Information Required for International Wire Transfer

Followings are the category and the information required.

Your information

  • Name
  • Account number
  • Address

Payee information

  • Name
  • Address
  • Account type and number
  • IBAN or CLABE

Transfer information

  • Transfer amount
  • Purpose and type of wire
  • Whether the transfer is to a third party (anyone other than yourself)
  • Any remarks
  • Additional instructions for wiring
  • U.S. dollars or overseas currency

Institution information

  • Name and address
  • Routing Number
  • Corresponding or Intermediary Bank Name and RTN Number

Once you have gathered every bit of information now you can proceed to initiate the transfer. First thing, you need to fill out the Domestic or International Wire Transfer Form. The next thing is that you provide that form to the bank through one of the below methods. Last but not least, if you are submitting more than $5,000 then you need to submit an additional letter by fax through a secure message or you can just visit a branch.

  1. Secure eMessage: You can send a secure eMessage through the Online Banking site. Once they receive your message then they will contact you and process the wire.
  2. Branch: Find a branch which is closest to your house. In case you want to do an international wire transfer then make sure that the nearest branch offers this service.
  3. Phone: You can call them on 1-888-842-6328

Method for receiving wire transfer

Receiving wire transfer is pretty much easy. The receiving wire will be added to your account and it can be any type such as loan, credit card, savings and many more. However, the fees for receiving wire transfer is 0$.

Anticipated Receipt:

  • If the money received prior to 6:30 pm (EST) then-incoming funds will be processed upon receipt as well as posted to account the same day.
  • After a cutoff time, funds will transfer the next business day.

What you will need

In order to claim an international or domestic wire transfer, below is the information that you need to send to a bank or financial institution:

  • Name
  • Account number (to which the funds will be transferred)
  • Navy Federal’s Routing/ABA Number (which is 256074974)
  • Bank address

Conclusion : These banks are mostly used by veterans. The routing number for navy federal credit union and navy federal SWIFT code (if you want to send money overseas) are mainly used for security purposes. You can’t make a transaction without these RTN number and SWIFT code.

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