Wire transfer is a great way to move money electronically!
Make sure when requesting a wire transfer you have the following information:
- Name of receiving bank
- Receiving bank’s street address and phone number
- Receiving bank’s routing number*
- Beneficiary customer’s name, address and account number
*Some banks have specific wire transfer instructions, including a different routing number that is only for wire transfers. Before requesting a wire transfer, it is best to contact the receiving bank to obtain their incoming wire transfer instructions.