Wire Transfers

In some instances, vendors will request funds to be wired to their account and specific bank information is required to process a wire transfer. Domestic wires should only be sent in rare circumstances involving a rush where funds are needed the same day or in some cases the next day. Otherwise ACH should be the preferred method. Foreign wires are more common since many foreign vendors will require funds in their country's currency and/or the mail system cannot be trusted.

Domestic Wires

Beneficiary Account Name
Bank Account Number
ABA Routing Number

Foreign Wires

Beneficiary Account Name
US Dollars or Foreign Currency
Bank Account Number or IBAN Number (22-27 digits)
SWIFT Code (5-8 letters) or BIC Number
CLABE Number (Mexico only)

Required information can change on a daily basis depending on the foreign country and the currency being used. If additional information is needed, the department will be contacted by FMO.

To convert foreign currency to US dollars use the below Wells Fargo conversion tool instead of the Oanda conversion tool. Once converted to US dollars the amount can be used to estimate the amount of the payment request in the procure to pay system. Please note that the amount will be different at the time of the wire and will be adjusted accordingly, so this is just an estimate. Also note that there will be a wire fee charged back to the departments account.

https://www.foreignexchangeservices.com/index.html?partnerid=FES&serviceType=rate