Which banks are best for receiving international wire transfers?

Payments
Asked by Question Bot09/Aug/20111 answer

1 Answer

F

Faisal Khan

Answered 09/Aug/2011

Chase, Bank of America, Citibank, HSBC, RBS, ABN-AMRO (La Salle Bank), Deutsche Bank, etc. are all good bets.

Another easier way is to find out the international wire transfer instructions to your bank. If it includes a 'correspondent' bank (a bank's name that does not match yours), chances are your bank doesn't deal direct and is using an intermediary bank to have the wire transfer completed.