Receiving International Wire Transfer

For international wire transfers in addition to our standard wire transfer fee other fees may also apply including those charged by the recipient s financial.

Receiving international wire transfer.

There is certain information the sender of the wire transfer will need to know in order for you to receive the funds. This article will even go over specifics of receiving an international wire transfer to accounts in some of the largest banks in the usa. Bank of america chase bank and wells fargo. You ll also know your rights as a consumer should you hit an issue.

If you re sending a wire out of the us or if you re expecting to receive an international wire transfer it s good to know the regulations that will apply to your transaction. But just because your bank processes an international wire on that business day doesn t mean it will arrive to your international recipient s bank account that same day. Domestic and international wire transfers are deposited to your active u s. If you re receiving an international wire tell your sender that our swift code is chasus33.

Swift stands for society for worldwide interbank financial telecommunication. Receiving international wire transfers are generally fast and convenient ways of obtaining funds in overseas business transactions. Understanding this ahead of time means you can rest easy knowing you ve fulfilled your legal obligations. If you initiated the international wire transfer at a banking center you can get the transfer canceled by going to the nearest banking center or by calling us at 877 337 8357 or 302 781 6374 from outside the u s.

You will also need at least a swift code in addition to all the other information. A swift code or bank identification code bic identifies the bank that ll receive your wire transfer. You ll need a swift bic to send an international wire transfer. If you initiated the international wire on the telephone contact us at 800 729 9473 or 570 330 1610 from outside of the u s.

You can usually look up your bank s swift code on the. Sending a wire transfer. Recipients and senders who know how international wire transfers work behind the scenes can take the necessary precautions to ensure that wire transfers are successful and safe. Bank checking or savings account once they are processed by the federal reserve domestic wires or the swift system international wires.

Funds for the transfer and any transfer fees are usually deducted from your account at the time the wire transfer is processed. This guide will help you better understand the process of receiving an international wire transfer to a us bank account. The wire transfers process for small business and commercial accounts may differ.