Wire transfers are an immediate way to move cash from one bank account to another. While they can be convenient, wire transfers can carry some high fees. What is a wire transfer fee? Most ...

He said he got about 700 text messages. He said the next morning, he noticed a wire transfer of over $15,000 out of his Bank of America account. “I started panicking. I didn’t authorize this.

It was the largest U.S. transaction ever to instantly settle, following The Clearing House's new transaction ceiling that went into effect Sunday.