What Information Do You Need for an International Bank Transfer?

Learn the essential details required for a smooth international bank transfer and avoid delays with your transactions.

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For an international bank transfer, you typically need the following details: Recipient's full name and address, Recipient’s bank name and address, SWIFT/BIC code of the recipient's bank, Recipient’s bank account number or IBAN (International Bank Account Number), Reason for the transfer, and Your identification details for verification. Ensure all information is accurate to avoid delays or errors in the transaction.

FAQs & Answers

  1. What is a SWIFT code? A SWIFT code is a unique identifier for a specific bank, used for international money transfers to ensure funds are sent to the correct institution.
  2. How do I find my IBAN? You can typically find your IBAN on your bank statement or by contacting your bank directly for assistance.
  3. Why is accurate information crucial for international transfers? Accurate information is essential to avoid delays or errors in the transaction, ensuring that your money reaches the intended recipient without issues.
  4. Can I do an international transfer online? Yes, most banks and financial institutions offer online services for international transfers, allowing you to send money conveniently from your computer or mobile device.