Wire Transfer Guide
Complete guide to sending wire transfers domestically and internationally. Learn about costs, requirements, and step-by-step instructions.
Find Bank InformationRequirements:
- Routing number
- Account number
- Recipient details
Requirements:
- SWIFT code
- IBAN or account number
- Recipient bank details
Gather Required Information
Collect recipient's bank details, SWIFT code, and personal information
- Full name and address
- Bank name and address
- Account number or IBAN
- SWIFT/BIC code (find codes)
- Purpose of transfer
Choose Transfer Method
Decide between online, phone, or in-person wire transfer
- Online banking
- Phone banking
- Visit bank branch
- Third-party services
- Mobile banking app
Initiate the Transfer
Provide all required information and authorize the transfer
- Enter recipient details
- Specify transfer amount
- Review fees
- Confirm transfer
- Save confirmation
Track and Confirm
Monitor transfer status and confirm receipt with recipient
- Track transfer status
- Note reference number
- Contact recipient
- Keep records
- Follow up if needed
| Bank | Domestic Outgoing | International Outgoing | Incoming |
|---|---|---|---|
| Chase Bank | $25 | $40-50 | $15 |
| Bank of America | $30 | $45 | $16 |
| Wells Fargo | $25 | $45-50 | $16 |
| Citibank | $25 | $50 | $15 |
Security First
Always verify recipient details and use secure channels for sensitive information.
Timing Matters
Send transfers early in the day and before weekends for faster processing.
Compare Costs
Consider exchange rates and fees when choosing between banks and services.
Keep Records
Save confirmation numbers and receipts for tracking and tax purposes.
Need Banking Information for Wire Transfers?
Bank Finder helps you quickly find routing numbers, SWIFT codes, and bank details needed for wire transfers.