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Banking Wire Transfer Clerk Salary

Wire Transfer Clerks in the United States are not likely to strike it rich; they only make around $33K annually on average. The vast majority (82 percent) of Wire Transfer Clerks who took the survey are female. The majority of individuals in this role claim moderate levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$28,115 - $44,195
(Median)
$28K
$33K
$44K
MEDIAN: $33,289
10%
50%
90%

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$11.06 - $18.73
(Median)
$11
$14
$19
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15K$30K$45K
Salary
$28,115 - $44,195  
   
Bonus
$0.00 - $1,500  
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).
)
$25,805 - $41,794  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 46
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$8$16$24
Hourly Rate
$11.06 - $18.73  
   
Overtime
$18.75 - $23.46  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16K$32K$48K
Bonus
$0.00 - $1,500  
   
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).
)
$25,805 - $41,794  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 46
United States (change)

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 Job Listings

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Pay by Experience Level for Banking Wire Transfer Clerk

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Wire Transfer Clerks with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. At career start (within the first five years), average income sits near $31K, and the average for folks who have worked for five to 10 years is only slightly higher at $31K. Wire Transfer Clerks bring in $33K after working for 10 to 20 years. In the end, more experience does seem to mean larger paychecks; seasoned Wire Transfer Clerks with more than 20 years of experience earn a predictably higher median salary of $42K.

Related Job Salaries

Experience Affects Banking Wire Transfer Clerk Salaries

Late-Career
up arrow 31%

Experienced
up arrow 4%

National Average
$32,000

Entry-Level
up arrow 2%

Mid-Career
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
4%
1-4 years
41%
5-9 years
28%
10-19 years
21%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 62% employee benefits None: 5%