A wire transfer—also known as a wire payment, bank transfer or bank wire—is an electronic transfer of funds from one bank, credit union or financial services company to another.

You can complete a wire transfer in three easy steps:

1. Verify the recipient's information. Review the wire instructions from your recipient and confirm the required information so you can transfer money with confidence.
2. Submit a wire request. Sign in, choose the account you want to use and click “account services & settings”. Then click “wire money" and enter the information.
3. Track your payment. Receive status updates by email and text. You can also enroll in push notifications through the Capital One mobile app.

To send a wire transfer, follow these steps:

1. Sign in to your Capital One account online or through the mobile app.
2. Go to Account Services & Settings and select Wire Money.
3. Enter the recipient’s wire information, including their name, bank name, routing number and account number.
4. Review and submit your request. You’ll receive status updates by email, text or push notification.

Before starting, make sure the funds are available in your account. Learn more about what’s required to send wire transfers.

The time it takes to send a wire transfer may depend on whether the transfer is domestic or international. Generally, domestic wire transfers take one to three days, while international wire transfers can take two to five business days.

It’s also wise to take into account the effect that weekends, holidays and after-hours transfers can have on how long it takes for the wire transfer to be completed. Reviewing the rules and regulations of the bank or financial service company completing the transfer may help make the process easier.