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What info do I need to provide someone to make an electronic wire transfer?

Sunday Nov 29,2009 02:01 PM
By diddy
In Others

I live in the US and my bank is Bank of America. My buddy in China wants to electronically wire me money. What sort of information do I need to give him in order for him to complete the transfer?

These are the things I *think* I’m supposed to tell him:
-Bank Name
-Swift
-Account Number
-Bank Address (not sure about this one)

Can somebody please tell me if I’m right? If not, tell me what I’m missing or got wrong. Thanks in advance!

Bank Address, Bank Of America, China, Electronic Wire Transfer, Thanks In Advance, Wire Money

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One Comment

Susie T says:

November 29, 2009 at 2:01 pm

Is it a lot of money? How well do you know this "buddy"? If you give him the info to wire order, you give him access to ALL your money. Is this what you want? Please think twice! Why can’t he write you a check? When the money gets to the US, it will have to be converted into dollars (for a fee) anyway.