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 annually. Medical benefits are awarded to most, and a strong majority earn dental coverage. The vast majority (82 percent) of Wire Transfer Clerks who took the survey are female. The majority of Wire Transfer Clerks claim high levels of job satisfaction.

$29,546 - $44,823
(Median)
$30K
$35K
$45K
MEDIAN: $34,914
10%
50%
90%

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$11.39 - $18.99
(Median)
$11
$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
$29,546 - $44,823  
   
Bonus
$0.00 - $1,163  
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).
)
$26,476 - $42,567  
Country: United States | Currency: USD | Updated: 2 Jul 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$9$18$27
Hourly Rate
$11.39 - $18.99  
   
Overtime
$19.59 - $24.87  
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$18K$36K$54K
Bonus
$0.00 - $1,163  
   
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).
)
$26,476 - $42,567  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 43
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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. Wire Transfer Clerks in the early stages of their careers take home approximately $32K on average. The average for people in the five-to-10 year group is only a little larger at $32K. People with 10 to 20 years of experience make an average of about $35K in this role. Veterans who have acquired more than 20 years report a median income of $40K, which is generally higher than the pay reported by other tenure groups.

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Experience Affects Banking Wire Transfer Clerk Salaries

Late-Career
up arrow 21%

Experienced
up arrow 7%

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 22 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
3%
1-4 years
36%
5-9 years
30%
10-19 years
24%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 60% employee benefits None: 7%
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