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What Information Is Needed for International Wire Transfer? The receiver's full name. The recipient's physical address. Bank name and address. The bank account number and type (e.g., checking, savings, etc.) ... The bank routing number. The amount of money being transferred. The reason you're transferring the funds.
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'll usually need to provide the recipient's full name, contact information, and bank account details such as routing and transfer numbers.
Beneficiary Name ? This is the name of the person or business receiving the wire. This must match the name on the bank account you are using. Beneficiary Address ? Please provide the address of the business or person receiving the wire.
A wire transfer is a method of transmitting money electronically between people or businesses in which no physical money is exchanged. The sender is the one who provides all the instructions for the transfer, which may include the recipient's name, bank, account number, amount, and sometimes a pickup location.
How To Set Up a Wire Transfer Recipient bank name (the bank that the money is going to) Recipient bank's American Bankers Association (ABA) routing number or other code3. Payee's account number at the bank. Any additional information you need to provide (such as further delivery instructions)
It is a fast and secure way to send money from one bank account to another internationally or within the same country. These transfers are administered by banks and other transfer service agencies. For example Ravi who stays in the USA, can transfer funds to his parents in India using a wire transfer.