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FAQs – Funds Transfer

Q:

What are the Bank's wiring instructions?

ABA = 011000536
Short Name = FHLB Boston

Please include your institution's name and the full account number in the BNF field.

Q:

Can I wire directly into or out of my Rollover Overnight deposit account?

Yes.

Q:

If I invest in either the Daily Overnight or the Rollover Overnight deposit, and have indicated that the funds are coming in directly by wire, can additional funds be included in that same wire?

No. Please send all additional funds in a separate wire, making it clear which account the funds should be applied to.

Q:

What are the transaction hours for wires?

The transaction hours for wires are available online.

Q:

How do I set up a recurring wire?

Recurring wires are bank-to-bank transfers in which your institution is the final beneficiary. To set up a recurring wire, two individuals authorized to do wire transfers must fill out, sign and return a recurring wire request Adobe PDF icon. After we receive the request form, you'll only need to give the number of the recurring wire and the amount when you call.

Q:

How do I add someone to the list of people authorized to conduct wire transfers for my institution?

You will need to complete a Funds Transfer Delegation Adobe PDF icon. Because this will supercede any others on file, everyone must sign the form, not just the person you're adding.

Q:

How do I delete someone from the list of people authorized to conduct wire transfers for my institution?

Just call Customer Service, at Office Phone icon 1-800-357-3452 (option 3), and we will delete the individual immediately. Follow-up the request with a revised Funds Transfer Delegation Adobe PDF icon. Because this will supercede any others on file, everyone must sign the form.

 
 
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