![]() International wire transfers done through wire transfer services may require additional information as requested by the wire transfer service or may require an international payment network. The recipient is usually contacted by the wire transfer service once the wire transfer is complete. Transfer fees for wire transfers may be based on the outgoing dollar amount, location, and more. Wire transfer services usually require you to pay the funds in person when filling out the request form. You’ll usually need to provide information such as the recipient’s full contact details and bank account information to initiate the transfer. If you are using a wire transfer service, you’ll need to contact the service to find out how their specific wire transfer process works. Contact the receiving bank to get current fee information. Please keep in mind that the receiving bank may also charge a processing fee for wire transfers. International bank transfers may require additional information, may take a few days longer to complete than domestic transfers, and may require a higher wire transfer fee. Transfer fees will vary depending on your bank or credit union, but can usually range between $0-$50. You’ll usually need to provide the recipient’s full name, contact information, and bank account details such as routing and transfer numbers. You can usually initiate a bank-to-bank wire transfer in person at your bank or financial instruction’s local branch or through your online bank account. You can wire money through the following methods: Bank-to-bank wire transfers Before completing a wire transfer, it’s important to consider the ways you can wire money safely, conveniently, and quickly. Wire transfers are commonly done through two methods: bank transfers and wire transfer services. Keep in mind that wire transfers are typically subject to fees and that the funds requested for the wire transfer will leave your account immediately. Transfers can be done both domestically (within the United States) as well as internationally. Wire transfers can make sending money to other people or businesses convenient. There are several methods for wiring money, and you may want to consider each method carefully to find out which type of wire transfer is best for your financial needs or situation. dollars using the applicable exchange rate without prior notice to you.įor additional information related to Wires and foreign currency wires, please see the Online Access Agreement or applicable service documentation.A wire transfer is an electronic payment used to transfer funds between bank accounts. Incoming wire transfers received in a foreign currency for payment into your account will be converted into U.S. We may refuse to process any request for a foreign exchange transaction. Wells Fargo is your arms-length counterparty on foreign exchange transactions. Foreign exchange markets are dynamic and rates fluctuate over time based on market conditions, liquidity, and risks. Different customers may receive different rates for transactions that are the same or similar, and the applicable exchange rate may be different for foreign currency cash, drafts, checks, or wire transfers. The exchange rate Wells Fargo provides to you may be different from exchange rates you see elsewhere. The applicable exchange rate does not include, and is separate from, any applicable fees. The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return. The exchange rate used when Wells Fargo converts one currency to another is set at our sole discretion, and it includes a markup. In addition to any applicable fees, Wells Fargo makes money when we convert one currency to another currency for you. Some countries also require you to provide a purpose of payment.New Zealand, Cook Islands, Niue, Pitcairn and Tokelau: New Zealand Clearing Code.Canada: Canadian Payment Routing Number.Australia: Australian Branch Code (BSB).Depending on the country, we may ask you to provide an IBAN when you send an international wire transfer.Ĭertain countries require additional codes as follows: An IBAN identifies specific bank accounts at international banks. Your recipient’s International Bank Account Number (IBAN).If you don’t know this, contact your recipient’s bank. A SWIFT code or Bank Identification Code (BIC) identifies the bank that will receive your wire transfer. The SWIFT/BIC for your recipient’s bank.To send an international wire, you will also need: If you don’t know your routing number, we can look it up for you on the Add Recipient screen. The routing (ABA/RTN) number for your recipient’s bank.To send a domestic wire, you will also need:
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