![]() ![]() The amount of the funds to be transferred.Your wire repetitive number (if applicable). ![]() Your complete Wells Fargo account number.You may also need the the International Bank Account Number (IBAN) or the International Routing Code (IRC), i.e.Bank Identification Code or SWIFT Code for the beneficiary’s bank.Name and address of the beneficiary’s bank.Choose your recipient, your funding account and amount (along with any additional details required for certain countries).Sign on to Wells Fargo Online, go to Transfer & Pay and enroll in online wire transfers to initiate a wire transfer.Here’s how to send an international wire transfer with Wells Fargo. How can you make a Wells Fargo international wire transfer? If you’re in a hurry, try finding the fastest way to send money abroad by comparing all international money transfer services with Monito. It can take one or two business days or more for the beneficiary to receive their funds, depending on the country they’re in. International wire transfers sent online need to be submitted by 5 PM EST to start processing that business day, otherwise they will need to wait until the next business day. How long does a Wells Fargo international wire take to arrive at the beneficiary's bank? You can check what those exchange rates are when you're setting up an international wire transfer, so please take the figures above as guidelines only.įind out more with our complete guide on how banks and money transfer operators make money with hidden fees. Please note that these exchange rates are for buying and selling foreign currency, and they may not be the same exchange rates that you'll get when making a transfer. Add to that a $45 fee, and the total fees and exchange rates on the transaction would be $92, over nine percent of what you’re sending! In comparison, a specialist money transfer provider might only charge total fees of between 0.5 and 1.5 percent. That’s 42 euros / $47 USD, or around five percent less than the base exchange rate. If you send money through Wells Fargo, for $1,000 USD, the beneficiary will only get 846 euros.The base exchange rate says that $1,000 USD is worth 888 euros.Let’s use an example of sending $1,000 USD to a beneficiary in France, who is receiving the funds in euros. Here’s how they compare to the regular, base exchange rate. Wells Fargo does provide exchange rates on their website, and they’re an indication of how much the beneficiary will receive when you send funds. What are Wells Fargo's international exchange rates? You can request higher limits for online wires by visiting a local Wells Fargo branch. Limits are shown below the wire amount field when sending a wire transfer. Wells Fargo does restrict the amount of money you can send to beneficiaries. It costs $16 to receive an international wire transfer into a Wells Fargo account. Over the phone, by calling their wire transfer specialists on 1-80.Online, through the Wells Fargo banking service.You can make international wire transfers through Wells Fargo in several ways: Ways to make a Wells Fargo international money transfer If you have a repeating transfer that happens on a regular basis, that might bring your fees down slightly.Īs with the other banks, these wire transfer fees are extremely high, and you can save a lot of money by comparing and using a specialist money transfer provider. Since most banks typically charge around $45 for international wire transfer from personal accounts, it’s likely that Wells Fargo fees from individual accounts are comparable. Outgoing international transfers in foreign currencies are around $30 to $35 each.Outgoing international transfers in US dollars are around $40 to $45 each.Depending on the type of business account you have, fees are as follows: Wells Fargo does provide fees for international wire transfers from business accounts. We can do a little more research though, and get an idea of how much wire transfer fees are likely to be. Looking through their list of charges for personal accounts it states that “fee disclosed at the time of transaction.” They state that, “for international recipients, fees vary according to provider, destination, and the dollar amount transferred.” This means you will generally only find out how much you will be charged when you’re actually making an international money transfer. It is difficult to find details of exactly how much Wells Fargo charges for international transfer fees. What are Wells Fargo’s international wire fees? You can send money in either US dollars or a foreign currency and it will be deposited in the beneficiary’s bank account. Wells Fargo international wire transfers allow you to send money from your Wells Fargo account to individuals and businesses around the world. Wells Fargo international wire transfer - all you need to know ![]()
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