Sending an International Wire

Forms of identification

Sender’s Information

  • Your name.
  • Your physical address. (Please note that we cannot use PO boxes.)
  • Your telephone number. (Include a number at which you can be reached to verify instructions, as processing may be delayed if we are unable to verify the request.)
  • SELCO member number.
  • SELCO share ID to debit.
  • Outgoing wire transfer amount in the foreign currency desired, such as Euro or Yen. Please note that SELCO will complete a currency conversion to the local currency of the beneficiary prior to sending the wire unless the beneficiary account is specifically a US dollar account.

*Wells Fargo serves as SELCO’s correspondent bank and foreign exchange partner for international wire transfers.

Beneficiary’s or Receiver’s Information 

  • Sort Code, International Bank Account Number (IBAN), SWIFT Code, CLABE, or other international code/number as required. The beneficiary should be able to provide one or more of these as needed to complete the wire.
    • A sort code is a unique identifier of the individual branch or bank office at which a bank account is held.
    • An IBAN is a unique identifier of a specific customer account at a financial institution.
    • A SWIFT code, also known as a Bank Identifier Code (BIC), is a code used to identify the country, bank, and branch to which an account is registered. 
    • The CLABE (Clave Bancaria Estandarizada, Spanish for “standardized banking cipher” or “standardized bank code”) is a banking standard for the numbering of bank accounts in Mexico.

  • International bank name and address.
  • Bank or loan account number to deposit funds.
  • Name, physical address, and citizenship of all beneficiaries or recipients of the wire transfer.
  • Purpose of payment. Without this information, the receiving financial institution may withhold funds, deduct a research fee, or return the wire. Please note that different countries will have differing standards for the purpose of payment. Please visit the Currency Conversion page to learn more.
  • Comments or special instructions to transmit with the outgoing wire, if applicable. These include: “to the attention of” instructions or invoice, purchase order, or reference numbers. The beneficiary should tell you if any of these fields are required.

Here is a downloadable and printable form to use as a guide for when you fill out and sign your Wire Transfer Request.

 

Hands on a clock read 2 o'clock

General Information

  • A wire needs to be signed and submitted by 2:00pm PST to be sent out the same day.
  • An international wire may take up to 14 business days to be received by the other financial institution.
  • Please see the Current Rate & Fee Schedule for any applicable fees.
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