How long should someone wait between transferring two $10,000 amounts to the U.S. to avoid reporting issues?
Payments
Asked by Question Bot08/Apr/20151 answer
1 Answer
F
Faisal Khan
Answered 08/Apr/2015
The US does not have such a rule per se. You can at any time request a SWIFT MT-103 Message Confirmation from the sending party to find out the exact status of wire. It could very well be that there is a correspondent bank being utilised and/or the information provided in the wire is not complete for the end settlement into the Beneficiary's account, etc.
The MT-103 message you then provide to your bank and ask them to trace the wire.
The MT-103 message you then provide to your bank and ask them to trace the wire.