international wire transfer to bank of america

#International wire transfer to bank of america how to

If this is your first wire transfer with your bank, you may want to call ahead to discuss wire transfer services.

Confirm your bank's wire transfer process.

If you need to send money to a bank or financial institution located outside of the country, you'll request an international wire. Domestic wires are transmitted between banks in the same country.

Determine if you need a domestic or international transferĭiscuss with the recipient where the money will go.

Here's a step-by-step guide to the process: Any additional information needed to perform the wire transfer may vary between banks or financial institutions.

#International wire transfer to bank of america how to

How to do a wire transferīefore you request a wire transfer, gather the necessary information for both the sending and receiving bank accounts. An international wire takes at least two to three business days, possibly longer depending on the receiving country's time zone, banking processes or international holidays. You may also need to supply additional information for an international transfer. To send an international wire, you'll provide the recipient's banking and contact information. Banks and financial institutions may maintain tighter processes when sending money overseas and require customers to visit a branch. International wires send money to recipients outside the originating country.

Domestic wire transfers generally clear within one business day. You'll need to supply the recipient's routing and bank account numbers and their contact information. Depending on your bank, you may be able to initiate a domestic transfer in a local branch, over the phone or by using a banking app. When you request a wire, you'll need to know the type of transaction to request - domestic or international.ĭomestic wires transmit funds to a recipient located in the same country as the sender. Wire transfer procedures may differ when sending money within the same country versus overseas.