... FAQ

What is an ABA number?
The ABA number or bank routing number is a nine-digit sequence used for identifying domestic financial institutions. The ABA number is required to complete a domestic electronic transfer.

What is a Swift Code?
The Swift Code is an international code used in transmitting international wires.   It assists in identifying the location of the receiving financial institution.

When will my domestic wire transfer be received by the intended party?
A domestic wire transfer will be posted to the receiving bank account the same day that it is sent.

When will my international wire transfer be received by intended party?
This will depend on the country and the bank that is receiving the funds. The funds will typically be credited to the receiving bank account within five business days. 

What is an ACH?
The Automated Clearing House (ACH) is a system for electronically transferring funds in the United States.  The network is designed to support both payment instructions and remittance data that is contained in addenda records that are attached to the payment.

When will my ACH transfer be received by the intended party?
ACH payments are posted to the receiving bank account either one or two days after the transaction has been initiated.

 

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Last updated February 7, 2007