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This includes 'For Further Credit to (FFC):' instructions. It is used particularly for wires to Trusts, Escrows or Investment Holding Accounts. In addition, this section may also be used to Page 2 reference invoice numbers, or any identifiers to assist the beneficiary post the transaction correctly.
FFC - For Further Credit is used in electronic funds transfers to notate a second beneficiary.
To send a wire transfer by bank, you will typically be asked to provide the following information: Recipient full name. Sender full name. Recipient phone number. Sender phone number. Recipient address. Recipient bank name and information. Recipient checking account information.
All payments made by wire transfer payable to the (FCC) Federal Communications Commission. When initiating the wire transfer, please provide your bank with the information below to complete the transfer, which varies based upon the nature of your filing.
For Further Credit (FFC) is used in electronic funds transfers to record a second recipient. A recipient might provide you with FFC details.
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)
What information is needed for a wire transfer? The sender's valid government-issued photo ID or driver's license. The sender's full name and contact information. The sender's bank account and transit number. The recipient's full name and contact information. The recipient's bank account information and transit number.
What does for further credit to (FFC) mean? You may be asked to make a FFC wire transfer if the organization you're paying receives all incoming transfers to one central account, before splitting them out again and depositing the money into the individual account the payment was heading to.