[Skip to main content](#main-content) [](/) Docs [Guides](/documentation) [API Reference](/documentation/api/overview) [Changelog](/updates?filter=Product+Updates) Search [Status](https://status.increase.com) [Dashboard](https://dashboard.increase.com) [Guides](#) [Explanatory and how-to content](#) [API Reference](/documentation/api/overview) [Technical documentation](/documentation/api/overview) [Changelog](/updates?filter=Changelog) [Release notes](/updates?filter=Changelog) [Dashboard](https://dashboard.increase.com) [Manage your account](https://dashboard.increase.com) [Status](https://status.increase.com) [Service status](https://status.increase.com) Guides Overview Concepts [Transactions and Transfers](/documentation/transactions-transfers) [Transfer approvals](/documentation/transfer-approvals) [Programs](/documentation/programs) [Roles and permissions](/documentation/roles) [Exports](/documentation/exports) [Account balances](/documentation/balance) [Interest and referral bonus](/documentation/interest-and-referral-bonus) Using the API [Reliability](/documentation/reliability) [Backwards compatibility](/documentation/backwards-compatibility) [Events and webhooks](/documentation/webhooks) [Errors](/documentation/errors) [Idempotency keys](/documentation/idempotency-keys) [OAuth](/documentation/oauth) [Software Development Kits](/documentation/software-development-kits) [Data dictionary](/documentation/data-dictionary) Tutorials [Building a bill pay program](/documentation/bill-payment-programs) [Connecting to QuickBooks and Plaid](/documentation/integrations) [Launching a card program](/documentation/launch-a-card-program) [Programmatic card processing](/documentation/programmatic-card-processing) [Setting up ACH debits](/documentation/setting-up-ach-debits) Compliance [Compliance overview](/documentation/compliance-overview) [Entities](/documentation/entities) [Entity validation](/documentation/entity-validation) [Compliance programs](/documentation/compliance-programs) [Managed compliance](/documentation/managed-compliance) [Customized compliance](/documentation/customized-compliance) [Platform implementation guide](/documentation/platform-implementation) [Hosted onboarding](/documentation/hosted-onboarding) [Information security](/documentation/information-security) Sandbox [Sandbox](/documentation/sandbox) [Sandbox test values](/documentation/sandbox-test-values) Products ACH [Overview of FedACH](/documentation/fedach) [Sending ACH transfers](/documentation/sending-ach-transfers) [Receiving ACH transfers](/documentation/receiving-ach-transfers) [Debits and funds holds](/documentation/sending-ach-debit-transfers) [ACH returns](/documentation/ach-returns) [ACH reversals](/documentation/ach-reversals) [Standard Entry Class codes](/documentation/ach-standard-entry-class-codes) Wires [Overview of Fedwire](/documentation/fedwire) [Sending wire transfers](/documentation/sending-wire-transfers) [Receiving wire transfers](/documentation/receiving-wire-transfers) [Wire reversals](/documentation/wire-reversals) [Wire drawdown requests](/documentation/wire-drawdown-requests) Checks [Overview of Check 21](/documentation/check-21) [Originating checks](/documentation/originating-checks) [Depositing checks](/documentation/check-deposits) [Positive pay](/documentation/positive-pay) [Lockboxes](/documentation/lockboxes) Real-Time Payments [Overview of Real-Time Payments](/documentation/real-time-payments) [Sending Real-Time Payments](/documentation/sending-real-time-payments) [Receiving Real-Time Payments](/documentation/receiving-real-time-payments) [Real-Time Payments account validation](/documentation/real-time-payments-validation) Cards [Card payment lifecycle](/documentation/card-payment-lifecycle) [Real-time decisions](/documentation/real-time-decisions) [Overview of Visa](/documentation/visa) [Physical cards](/documentation/card-art-physical-cards) [Digital wallets](/documentation/card-art) [3D Secure](/documentation/3d-secure) [Push provisioning](/documentation/push-provisioning) [Card disputes](/documentation/card-disputes) [Embedded card component](/documentation/embedded-card-component) [Address Verification System codes and overrides](/documentation/address-verification-system-codes-and-overrides) [ATM withdrawals](/documentation/atm-withdrawals) Card Transfers [Card push transfers integration](/documentation/card-transfers-integration) [Overview of card push transfers](/documentation/card-transfers-overview) Accounts [Accounts and Account Numbers](/documentation/accounts-and-account-numbers) [External Accounts](/documentation/external-accounts) [Loan Accounts](/documentation/loan-accounts) [Extended deposit insurance](/documentation/extended-deposit-insurance) # Sending a wire transfer [Wire Transfers](/documentation/api/wire-transfers) allow you to send money \~instantaneously. Wires are generally preferred for high value payments that benefit from being irrevocable. ## Lifecycle | Status | Description | | -------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | `pending_approval` | The transfer requires approval from a member of your team. | | `pending_reviewing` | The transfer is pending review by Increase. | | `pending_creating` | The transfer has been created but has not been submitted to the Federal Reserve for processing. Although it is pending, the transfer still cannot be canceled. For example, a transfer is submitted outside of a Fedwire window. | | `complete` | The transfer has been submitted to the Federal Reserve and funds have settled. | | `reversed` | The transfer has been reversed by the receiver. There will be a second transaction for the reversal. | | `canceled` | The transfer has been canceled. | | `rejected` | The transfer was rejected by Increase. | | `requires_attention` | The transfer requires attention from an Increase operator. | ## Sending a wire transfer with Increase Originating a Wire Transfer via the Increase API kicks off several steps involving you, Increase, the Federal Reserve, and the receiving bank. 1. You make a `POST /wire_transfers` call with the [details](/documentation/api/wire-transfers#create-a-wire-transfer) of how much you'd like to send and data about the recipient. 2. A Transaction is immediately created for the full amount of the transfer and your Account balance is reduced. 3. When the message is submitted to the Federal Reserve (usually within minutes), Increase updates the Wire Transfer object with its `submission` [details](/documentation/api/wire-transfers#wire-transfer-object.submission). 4. The Federal Reserve forwards transfer details to the receiving bank and funds are settled \~instantly. There may be delays and processing time required at the receiving bank, however. 5. If a Reversal is received from the receiving bank, the Wire Transfer object is automatically updated with `reversal` [details](/documentation/api/wire-transfers#wire-transfer-object.reversal) and a new Transaction is created to increment your Account balance. ## Approvals For transfers that require approval from another team member, the Wire Transfer is created with a status of `pending_approval` and a Pending Transaction is created to hold funds. If the transfer is approved, the Wire Transfer object updates with its `approval` [details](/documentation/api/wire-transfers#wire-transfer-object.approval) and the status is changed to `pending_reviewing`. Once the transfer is submitted, the Pending Transaction status updates to `complete` and a new Transaction is created to remove funds from your Account. If the transfer is not approved, the Wire Transfer object updates with its `cancellation` [details](/documentation/api/wire-transfers#wire-transfer-object.cancellation) and the status is changed to `canceled`. The Pending Transaction status updates to `complete` but no additional Transaction is created. ## Reviews and rejections Occasionally a Wire Transfer will need to be manually reviewed by an Increase operator. When this occurs the Wire Transfer object status will be set to `pending_reviewing`. Once reviewed, the status changes to `pending_creating` and things progress normally. However, rarely a Wire Transfer may be rejected by Increase. When this occurs the Wire Transfer object status updates to `rejected` and no Transaction is created on your Account. ### On this page - [Sending a wire transfer](/documentation/sending-wire-transfers#sending-a-wire-transfer) - [Lifecycle](/documentation/sending-wire-transfers#lifecycle) - [Sending a wire transfer with Increase](/documentation/sending-wire-transfers#sending-a-wire-transfer-with-increase) - [Approvals](/documentation/sending-wire-transfers#approvals) - [Reviews and rejections](/documentation/sending-wire-transfers#reviews-and-rejections)