By: Ben Milne,

Screen Shot 2013-08-06 at 7.28.03 AM

In keeping with tradition, we’re rolling out a new feature to a small handful of Dwolla members.

Dwolla now supports wire transfers for deposits. In the event your business would like to drop $1 billion into your Dwolla account, now your business or government organization can do so.

Initially, the feature is available for business accounts and is request only while we scale this feature with our financial partners and a limited group of companies.

This feature is useful in the following scenarios:

There are a few things to note:

Why did we do this?

We’re building the ideal network and sometimes ideal just means doing what people ask. Thus far we’ve done $10mm or so in testing and look forward to a whole lot more.

Apply for access to wire

Fill out my online form.

Get our awesome blog posts delivered to your inbox:
Financial institutions play an important role in the Dwolla network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.