Banking Wire Transfer Clerk Salary

Wire Transfer Clerks in the United States pull down an average of $15.39 per hour. Most Wire Transfer Clerks like their work and job satisfaction is high. Women make up the majority of Wire Transfer Clerks (67 percent) who completed the questionnaire. A large number get medical and dental insurance, and a fair number get vision plans, too. This report is based on responses to the PayScale salary survey.

$28,630 - $52,072
$29K
$37K
$52K
MEDIAN: $37,001
10%
50%
90%

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$12.49 - $19.49
$12
$15
$19
MEDIAN: $15.39
10%
50%
90%

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$0$52K
Salary $28,630 - $52,072
Bonus $408.51 - $3,915
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,311 - $48,624
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 29
Hourly Data $0$25
Hourly Rate $12.49 - $19.49
Overtime $23.24
Annual Data $0$48K
Bonus $408.51 - $3,915
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,311 - $48,624
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 34

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Banking Wire Transfer Clerk

A wire transfer clerk transfers funds from clients to another party. The job is usually carried out at a bank, credit union, or other financial institution. The clerk may help clients fill out forms in order to transfer funds to other accounts; when wire transfers do not work, the clerk must determine the cause of the problem and resolve it to the best of his/her ability. When wire transfers are received, the clerk must process and verify the transfers and notify the receiving party.

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Banking Wire Transfer Clerk Tasks

  • Process and record all incoming and outgoing wire transfers.
  • Assist in monitoring daily reserve cash balance.
  • Update department policy and procedure on wire transfers to ensure operational efficiency.
  • Research and resolve customer wire inquiries and wire validation errors.
  • Maintain wire transfer tracking system, performing data entry and preparing reports.

Banking Wire Transfer Clerk Job Listings

Pay by Experience Level for Banking Wire Transfer Clerk

Pay by Experience for a Banking Wire Transfer Clerk has a positive trend. An entry-level Banking Wire Transfer Clerk with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 39 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Banking Wire Transfer Clerk with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 18 salaries. An experienced Banking Wire Transfer Clerk which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 15 salaries. A Banking Wire Transfer Clerk with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 6 salaries.

Related Job Salaries

Key Stats for Banking Wire Transfer Clerk

Gender

Female
67 %
Male
33 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
8%
1-4 years
48%
5-9 years
16%
10-19 years
27%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Banking Wire Transfer Clerk Salaries

Experienced
▲14%

Late-Career
▲14%

Mid-Career
▲5%

National Average
$35,000

Entry-Level
▼5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

Less than 1 year
8%
1-4 years
48%
5-9 years
16%
10-19 years
27%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 89%
vision benefits
Vision: 70%
no benefits
None: 8%
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