1-888-702-6910 Non-continental US +1-917-398-0017
1-888-702-6910 Non-continental US +1-917-398-0017

Understanding Wire Transfer.

Wire Transfer is a method of transferring money from one entity to another.

International Wire Transfers (to Canada)
In today's world all international wire transfers are executed through SWIFT (Society for Worldwide Interbank Financial Telecommunication).
To successfully send Wire Transfer to Canada you need to know the following beneficiary (recipient's) information:
BANK SWIFT will be provided
ABA / ROUTING NUMBER will be provided
ACCOUNT NUMBER will be provided
BANK ADDRESS will be provided
BENEFICIARY ADDRESS will be provided
AMOUNT will be provided

Yes, that's it, no other information is needed. If clerks at your bank will ask you to provide some other information, that simply means they don't know what they are doing, talk to their supervisor or your account manager to rectify this issue.


Domestic Wire Transfers (within Canada)
To successfully send a Wire Transfer within Canada you need to know the following beneficiary (recipient's) information:
BANK NUMBER will be provided
BRANCH NUMBER will be provided
ACCOUNT NUMBER will be provided
BANK ADDRESS will be provided
BENEFICIARY ADDRESS will be provided
AMOUNT will be provided

Please, note!
In addition, all major Canadian banks use SWIFT network for domestic wire transfers, that means you can wire transfer using SWIFT code and ACCOUNT NUMBER.