Sunday, February 17, 2013

How to Transfer Money to an International Bank Account Number


Send Money Through a Bank
1. Visit your bank's local branch and tell a representative you want to send a wire transfer to another country. You will be given a form to fill out for sending an international wire transfer.
2. Fill out the form. The form will chiefly ask for the recipient's bank account number, international bank account number (iBAN) and bank name and branch address. Apart from that, you will have to enter details for the bank account you want to transfer the money from. Also enter the amount to be transferred.
3. Pay the fee for making the transfer and keep the receipt safe. It will take about two to three weeks for the money to reach the recipient's bank account.
Send Money Without Going to a Bank
4. Compare the fees at Western Union, PayPal and Xoom by entering the transfer amount and selecting the country on each company's website (see Resources). Select the company that you find has the lowest cost.
5. Visit the website of the company you have decided to use for transferring money internationally. When you open the page, click the 'Sign Up'/'Register' button.
6. Provide your personal and contact details, including name, email address, address, city, ZIP code and country. Also enter your bank account details or credit card information for sending the money.
7. Click on 'Send Money'/'Transfer Money' after registering.
8. Enter the recipient's bank account number and bank name along with the amount you want to transfer. If you choose PayPal, you will have to enter the recipient's email address instead of a bank account number. The recipient will then receive an email notifying him about the funds. If the person doesn't have a PayPal account, he will have to create one to access his funds.

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