Banking Wire Transfer Clerk Salary

Wire Transfer Clerks in the United States can expect to earn an average of $15.45 per hour. Job satisfaction for Wire Transfer Clerks is high. In this profession, most enjoy medical and dental coverage, and more than half have vision insurance, as well. More than half of Wire Transfer Clerks (66 percent) survey participants are women.

$29,874 - $50,155
$30K
$36K
$50K
MEDIAN: $36,427
10%
50%
90%

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$12.24 - $19.37
$12
$16
$19
MEDIAN: $15.51
10%
50%
90%

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$0$50K
Salary $29,874 - $50,155
Bonus $403 - $3,003
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).
)
$27,916 - $46,901
  • Country: United States
  • Currency: USD
  • Updated: 24 Nov 2017
  • Individuals Reporting: 62
Hourly Data $0$27
Hourly Rate $12.24 - $19.37
Overtime $19.62 - $27.61
Annual Data $0$46K
Bonus $403 - $3,003
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).
)
$27,916 - $46,901
  • Country: United States
  • Currency: USD
  • Updated: 24 Nov 2017
  • Individuals Reporting: 56

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
78 %
Male
22 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.
Less than 1 year
6%
1-4 years
45%
5-9 years
19%
10-19 years
25%
20 years or more
5%

Experience Affects Banking Wire Transfer Clerk Salaries

Experienced
▲15%

Late-Career
▲15%

Mid-Career
▲5%

National Average
$35,000

Entry-Level
▼4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
19%
10-19 years
25%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 85%
vision benefits
Vision: 68%
no benefits
None: 7%