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82

Commercial: Recipient Overview

1.

In the spaces provided and drop-down menus, enter the beneficiary FI’s

name, country and wire routing number. Next, enter the street address

and city. Then, select the state and enter the postal code.

Note

: Incorrect beneficiary details are the main reason wire

transfers are rejected. Be sure all information is correct before

proceeding.

Part 3 of 4: Beneficiary FI Detail

When sending a wire, the beneficiary FI is the final bank that receives the funds.

The beneficiary is the company or person that receives the funds. Depending on

the payment type you selected in Part 2, you may need to provide beneficiary FI

information.

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