- Q
What is a wire transfer?
A wire transfer is the transfer of funds between financial institutions. A wire transfer typically takes just a few hours from start to finish. To transfer funds from your BancorpSouth account to another financial institution, the fee is $18 if you are transferring inside the U.S. International wires are $50.00. To receive a wire into your BancorpSouth account there is a $15 fee. Wire transfers have to be requested in person at the branch.