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Banking Wire Transfer Clerk Salary

Wire Transfer Clerks aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $35K per year. Though the majority of Wire Transfer Clerks do not report high levels of job satisfaction, most are moderately content with their role. Female Wire Transfer Clerks far outnumber their male contemporaries among survey respondents. Medical benefits are awarded to a large number, and a fair number earn dental coverage.

$29,050 - $44,823
(Median)
$29K
$35K
$45K
MEDIAN: $34,860
10%
50%
90%

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$11.51 - $18.90
(Median)
$12
$15
$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
$29,050 - $44,823  
   
Bonus
$0.00 - $1,237  
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).
)
$26,345 - $42,447  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 48
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
$11.51 - $18.90  
   
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 - $1,237  
   
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).
)
$26,345 - $42,447  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 46

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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 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.


For Wire Transfer Clerks, more experience in the field does not usually mean bigger paychecks. Someone who has worked for fewer than five years earns around $31K on average. Individuals with five to 10 years of experience don't get much more, though; the average income in this group is $32K. People with 10 to 20 years of experience make an average of about $35K in this role. Wire Transfer Clerks who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $40K.

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Experience Affects Banking Wire Transfer Clerk Salaries

Late-Career
up arrow 22%

Experienced
up arrow 9%

National Average
$33,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 23 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
3%
1-4 years
37%
5-9 years
30%
10-19 years
23%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 61% employee benefits None: 7%
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