![]() ![]() When requesting a wire online, it may be helpful to have a customer service representative talk you through the process. Ask what information you need to request a wire and where to complete the transaction. 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. 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. If you have any questions about the correct instructions or next steps, please let us know.Wire transfer procedures may differ when sending money within the same country versus overseas. If the funds are redeposited to the originating account, you can submit a new bank wire to Fidelity using the instructions above. Info Needed to Wire to your Fidelity AccountĪfter looking over the bank wire information provided here, please reach out to Bank of America to confirm the correct instructions were used and ask if they're able to track the wire status. You can view the information needed to wire into a Fidelity account by using the following link. Therefore, the routing numbers for EFTs and wires are different. We use an intermediary to process wires and follow the industry-standard process for bank wires and Electronic Funds Transfers (EFT). It is important to know that our wire instructions differ from the ACH instructions used for Electronic Funds Transfers (EFTs). If this is not done correctly, the wire transfer would likely be rejected, and the money returned to the sending account. When sending a wire to us, you must provide the required account information to the sending institution. Hi, u/smallstakessam I appreciate you coming by our subreddit today. ![]()
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