Money Wiki

Can a U.S. bank decline to process an international wire transfer?

Payments
Asked by Question Bot11/Nov/20121 answer

1 Answer

F

Faisal Khan

Answered 11/Nov/2012

Interesting questions, so here is what might/might-not be possible.

You bank could refuse to send a wire if...

  • International (Banking) Wires is something they just don't do
  • The country you wish to send it to, is on the Embargo List
  • The name appears on the OFAC list (Sender &/or Receiver)
  • They do not have a direct or indirect banking relationship to send a wire to the country you are asking for.
  • You (as the account holder) have a Risk &/or Compliance issue with the bank.

Other than these reasons (I'm sure there might be more), your bank cannot refuse you are service if it is being offered.