How Do You Make An International Wire Transfer?
An international wire transfer happens when one bank in one country electronically sends money to another bank in a foreign country. The actual funds don’t typically arrive for three or four business days after a wire transfer is made. Wire transfers are extremely secure for the recipient, but can be risky for the sender. The first step in international wire transfer protection is knowledge. You should always know what information you need and when to give that information during a wire transfer. Information is power. This article was created to guide you through the process of an international wire transfer so you won’t feel clueless your first time. Call your desired bank and ask if it performs international wire transfers. Although most banks offer this service, there are some banks that do not. Credit unions sometimes perform international wire transfers, but not always. It is best to call and ask before traveling to the branch location. Visit the bank in person and provide the nam
