The volume of international money transactions is growing along with globalization. Not only international companies, but also individuals actively transfer money abroad. But when carrying out such operations, it is important to understand their specifics.
It is necessary
- - money for transfer;
- - account details.
Instructions
Step 1
Find out the beneficiary's account number, as well as the bank's payment details. Among them, there must be a SWIFT code, the name of the bank and the address of the branch where the account is serviced. You also need to clarify how the account holder's name is spelled in Latin letters or other local alphabet.
Step 2
If you are sending a large amount of money to a person who does not belong to your relatives, be prepared for the fact that you will need a certificate from the tax office about the legality of this money. The same situation, only for any amount of money, will arise if you transfer money to an account opened in your name.
Step 3
Come to the bank through which you want to make the transfer. Most likely, you will have to open an account - financial institutions rarely allow money transfers abroad without opening one. Tell them the amount of the transfer, as well as that you want to send it to another country.
Step 4
Read and double-check the payment order issued by the teller. If all the data is correct, sign it. After that, if there is not enough money for transfer on your account, the employee will direct you to the cashier, where you can top up your balance. After payment, receive your copy of the documents, that is, a copy of the payment order from the bank. Find out how long the payment will take. This usually takes three to five days. After this period, you can contact the person - the recipient of the amount and find out if the money has reached him.
