What details do I need for someone to pay me from overseas? | Greater Bank (2024)

FAQs

What details do I need for someone to pay me from overseas? | Greater Bank? ›

The sender will have to initiate the transfer from their bank account usually via online or mobile banking. All you'll need to do is provide some details including your name, account number, residential address, your bank's name and a SWIFT or a Bank Identifier Code (BIC). You can request these from your bank.

The sender will have to initiate the transfer from their bank account usually via online or mobile banking. All you'll need to do is provide some details including your name, account number, residential address, your bank's name and a SWIFT or a Bank Identifier Code (BIC). You can request these from your bank.

International: You need the recipient's name, address and bank information, including SWIFT code and account number. You can send in U.S. dollars or foreign currency; cutoff time is 5 p.m. Eastern and typically arrives in 1 to 2 business days. Foreign Currency Payments Guide for details.

To ensure the secure arrival of your funds, it's important to provide the sender with specific details. To receive an international wire transfer, you should give them: Your complete name and address, exactly as they appear on your bank account. Your bank's name and address, along with its BIC/SWIFT code.

When sending an international bank wire, you will need to provide the recipient's name, address, banks SWIFT BIC, and bank account number, plus the International Payments System Routing Code, for certain countries (you will be prompted for this).

There are two ways to transfer funds internationally between bank accounts. An international wire transfer or a direct deposit of funds using local bank networks (also called global ACH).

Overseas banks normally charge a fee for receiving international money transfers. If you want your recipient to receive the exact amount sent, choose 'Sender to Pay' in FastNet Classic or FastNet Business internet banking.

Money sent from another country can be deposited directly into your bank account via an international wire transfer. You must supply the sender with your bank data, including your complete name, bank account number, sort code, and IBAN and SWIFT codes.

How do I receive international transactions? ›

Making an in person international wire step by step

The name and address of your recipient's bank. Your recipient's name and address. Your recipient's account number or IBAN (International Bank Account Number — much of the world uses this format for their bank account number) The recipient BIC/SWIFT code.

International Money Transfers (sometimes called international direct deposits) are a faster and more secure way to receive funds from overseas.

Their Bank Identifier Code (BIC), SWIFT code or national bank code. Their bank account number or International Bank Account Number (IBAN). Their full name. Their bank's full address.

You need the recipient's details

Recipient's name and home address. The SWIFT or Bank Identification Code (BIC) of the recipient's bank. Sometimes you'll be asked for a BIC or a SWIFT code – they're the same thing.

You can receive money from abroad via a bank transfer directly from the sender's bank account into yours. To receive a bank transfer from abroad, you'll need to provide the sender with your: Bank details. Full name.

Fees vary among financial institutions. The best option for receiving money from an outside country is to use an international bank or money transfer service provider. Examples of international banks include Citibank, HSBC, Bank of America, Barclays, and UBS.