For more information, see the "Applicable Exchange Rate" and "Incoming international wire transfer" sections of the Deposit Account Agreement.įees may be charged by third parties or other banks, in addition to those described above. dollars using the applicable exchange rate without prior notice to you. 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. You can also compare the fees with other products and services offered by Bank of America. You can learn about the monthly maintenance fees, ATM fees, and other fees that may apply to your business checking and savings accounts. The exchange rate Wells Fargo provides to you may be different from exchange rates you see elsewhere. If you are looking for the business schedule of fees for Bank of America, you can find it on this webpage. The applicable exchange rate does not include, and is separate from, any applicable fees. From Send a wire, select an eligible 2 Private Bank account to wire funds, enter the wire details, including the recipient bank’s wire transfer ABA/routing number, the.
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Step 2: Enter and Review your wire details. The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return. Always verify your wire instructions with your trusted recipient prior to sending any funds. The exchange rate used when Wells Fargo converts one currency to another is set at our sole discretion, and it includes a markup. Whether or not the wire transfer fee is waived, 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).
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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: