What is an Intermediary Bank?
An intermediary bank is also a middleman between an issuing bank and a receiving bank, sometimes in different countries. An intermediary bank is often needed when international wire transfers are occurring between two banks, often in different countries that don't have an established financial relationship.
What Steps Do I take to Acquire my Intermediary Bank Information?
Inform your bank that you need to send funds using a SWIFT code and ask if your financial institution is a registered SWIFT user
- If they are a registered SWIFT user, you should ask them to obtain the US address and Routing Number or Swift Code of that bank
- If not, your financial institution should provide suggestions on which bank to use as an intermediary
What Information is Needed About my Bank and my Intermediary Bank for a Successful Transfer?
- Your Bank Information
- Your Name (This should match identically to the name on your bank statements)
- Bank Account Number (This should match the account number on your bank statements)
- Bank Name (This should match the banks name on your bank statements)
- Swift Code/Number (This should match your banks Swift Code/Number)
- Intermediary Bank Information
- Intermediary Routing Number OR Intermediary Swift Code
- Intermediary Bank Country
- Intermediary Bank Street Address
- Intermediary Bank City
- Intermediary Bank Region
- Intermediary Bank Postal Code
- Intermediary Bank Country