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10-13-2010, 09:36 PM
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#1 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
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| Sending wire transfer to US bank
Anybody here who works in a bank know exactly what information I need to do a wire transfer to bank in the US?
I'm trying to purchase a watchwinder from the US, and they only accept wire transfer from international customers.
I was provided with:
Name/address of bank
ABA code
SWIFT Code
Account #
When I went to RBC today, after spending about 10-15 minutes trying to set up the wire transfer (they were apparently looking up the bank by name in their system and couldn't find it), they told me that it could not be done without the Bank # and Transit #. Now, I've done a wire transfer with this company 2 years ago without the Bank # and Transit # (I checked the info they sent me 2 years ago). But the RBC teller insisted they could not complete the transfer without this info, saying that the banking system has changed in the last 2 years. It just seems strange to me that the company would send a standardized document they send to all their customers for wire transfers and leave out pertinent information required to complete the transfer. Any idea how I can look up the Bank and Transit # if it is necessary, or do I have to call up the bank myself?
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10-13-2010, 09:45 PM
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#2 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
Posts: 8,137
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seems like the teller you talked to is an incompetent slob.
try to talk to someone else.
also it'll help if you have that banks phone# and a cell phone. so when u got rbc, and things go wrong u can get rbc to call them and initiate the fund transfer ..
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10-13-2010, 09:48 PM
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#3 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
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Additional info:
I have the Name/address, ABA, SWIFT Code, and account # for the intermediary institution.
I have the Name/address and account # and DOMESTIC ABA for the beneficiary bank/customer.
I'm assuming the company's bank does not accept wire transfers and must be through the intermediary institution. RBC kept looking up the company's bank name, and not the intermediary institution...
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10-13-2010, 09:49 PM
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#4 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
| Quote:
Originally Posted by tiger_handheld  seems like the teller you talked to is an incompetent slob.
try to talk to someone else.
also it'll help if you have that banks phone# and a cell phone. so when u got rbc, and things go wrong u can get rbc to call them and initiate the fund transfer .. | Thanks, I figured as much...actually it was two tellers who told me the same thing. The bank's phone number was on the paper with all the info, but not once did they offer to call. Instead they tried googling the bank/transit #....they told me to call myself for the information and come back with the correct info...
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10-13-2010, 10:30 PM
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#5 | | I Will not Admit my Addiction to RS
Join Date: Feb 2004 Location: Burnaby
Posts: 577
Thanked 20 Times in 13 Posts
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| Quote:
Originally Posted by Jermyzy Thanks, I figured as much...actually it was two tellers who told me the same thing. The bank's phone number was on the paper with all the info, but not once did they offer to call. Instead they tried googling the bank/transit #....they told me to call myself for the information and come back with the correct info... | which branch did u attend? i can have this escalated.
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10-13-2010, 11:07 PM
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#6 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
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^Check your pm
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10-13-2010, 11:36 PM
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#7 | | RS Veteran
Join Date: Dec 2001 Location: GTA
Posts: 29,957
Thanked 11,652 Times in 4,768 Posts
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What you have is sufficient for a wire transfer. I transfered a few thousand with the bank, transit and account number to a Wells Fargo Bank in Boulder, CO earlier this year when I bought my Vespa just fine.
Looks like you were dealing with incompetent goof balls.  Edit: I was wrong - I was given the routing, account number and SWIFT code which was sufficient to perform the wire transfer.
The ABA number is the routing number (which you have.) You also have the account and SWIFT number. I don't see what the problem is. Now that I checked my records from my transaction, you most definitely dealt with some dimwits. 
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01-11-2011, 03:25 AM
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#8 | | NEWBIE ACCOUNT!
Join Date: Nov 2010 Location: none of your be
Posts: 18
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i used to send money to japan on the regular. i never use the regular banks for any forgin exchange transfers as their rates are always higher.
I have used a place called globex out of Edmonton Alberta. Im sure they have offices all over. as well as XE.com. I talked to a guy named tod in the edmonton globex. they charge only $15 and the rates are much lower then your bank will offer you.
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