How to Conduct a Wire Transfer

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=0AEkmpK9xqI

Watch more How to Use the Bank Wisely videos: http://www.howcast.com/videos/354777-... • Executing a wire transfer is as easy as making one phone call. • Step 1: Decide on the amount of transfer • Determine the amount of the wire transfer. Keep in mind that there are access fees which vary from one bank to another. • Step 2: Collect information • Write down the recipient's name, bank name, account number, and bank routing number. For an international wire transfer you will need the receiving bank's SWIFT identification code. • Tip • When time is of the essence, go online to to find a wire transfer service provider. • Step 3: Call your bank • Call your bank or financial institution to authorize the wire transfer and provide the information for yourself and the person on the receiving end. • Tip • The transfer will be completed the same day if you get approval from the bank manager and the call is placed before their cut off time. • Step 4: Call recipient • Call the recipient to let them know the transaction was completed. • Step 5: Confirm with bank • Verify with the bank that the wire transfer was completed and request a mailed, faxed, or e-mailed confirmation. • Did You Know? • Western Union began offering money wire transfer services in 1871.

#############################

New on site