6
ADDING A
RECIPIENT
Part 3 of 3: Beneficiary and Intermediary Detail
When sending a wire, the beneficiary is the final
company or person that receives the funds. Depending
on the payment type you selected in Part 1, you may
need to provide beneficiary information.
Some FIs use an in-between third-party bank called
an intermediary to process funds. If your beneficiary
requires an intermediary, then you need the FI’s wire
routing number and address.
Enter the account and address information for both the beneficiary
and intermediary FI.
• Enter the name of beneficiary and intermediary FI.
• Select its country using the “Country” drop-down. The address
fields change based on the chosen country.
a.
Domestic wire
: Enter the FI’s wire routing number.
b.
International wire
: Enter the FI’s International Bank
Account Number (IBAN) or SWIFT Bank Identification Code
(SWIFT BIC).
• Enter the beneficiary’s street address, city, state and postal code.
Enter the name of
the beneficiary and
intermediary FI.