I hear from many people about the wire transfer procedures for many banks. I know this is a problem when you are trying to make a wire transfer first time. Here is a detailed wire transfer procedure for Chase bank (just as a reference) while it would be almost similar for any bank wire:
1. Information you need:
To wire money, you will first need to register for the service and then set your beneficiaries or recipients. To set up whom you want to pay, you will need the following information from the Recipient:
Recipient Name
Recipient Account number
Recipient Mailing address with city, region, country and postal zip code
Recipient Bank Routing/Swift number
US/Foreign dollar amount to be transferred
Once you set up the Recipient Information you will just need to select that name from your list of Recipients.
2. How to proceed with Wire Transfer:
If you are currently a Online banking customer, follow these steps:
Log on to Online banking account
Go to the Payment and Transfers page
Click the Wire Transfers tab
Click the Activate Wire Transfer Service Link
Accept the Wires Legal Agreement
Similar procedure with a little variation would be followed for any of the banks.
Hope this helps you all trying to make wire transfers first time.
1. Information you need:
To wire money, you will first need to register for the service and then set your beneficiaries or recipients. To set up whom you want to pay, you will need the following information from the Recipient:
Once you set up the Recipient Information you will just need to select that name from your list of Recipients.
2. How to proceed with Wire Transfer:
If you are currently a Online banking customer, follow these steps:
Similar procedure with a little variation would be followed for any of the banks.
Hope this helps you all trying to make wire transfers first time.
