Mobile menu

Question for those of you with US Bank Accounts
Thread poster: IrinaGM
IrinaGM  Identity Verified
United States
Local time: 18:40
English to Georgian
+ ...
Sep 24, 2005

Hi,

I have a bank account in US. The client is in Europe and is asking for an IBAN number and BIC swift code. US banks just have Bank account numbers and routing numbers. I told the client that my bank did not have IBAN number and BIC code but they still keep asking me for those. Could you please let me know what info you give to clients in Europe when they ask for Banking info? Any help is appreciated.

-Irina


Direct link Reply with quote
 

Kurt Porter  Identity Verified
Local time: 03:40
Russian to English
+ ...
US BAnk Account Sep 24, 2005

Irina,

I just went through the recently. For U.S. transactions, your bank uses the router and your account number. For international transactions, it's a swift code plus your account number. You just need to ask your bank about their swift code. At least, that's what worked in my case.


Direct link Reply with quote
 
IrinaGM  Identity Verified
United States
Local time: 18:40
English to Georgian
+ ...
TOPIC STARTER
Thank You Sep 24, 2005

Thank you, Kurt. I just e-mailed my bank.

-Irina

Kurt Porter wrote:

Irina,

I just went through the recently. For U.S. transactions, your bank uses the router and your account number. For international transactions, it's a swift code plus your account number. You just need to ask your bank about their swift code. At least, that's what worked in my case.


Direct link Reply with quote
 

Maria Karra  Identity Verified
United States
Local time: 18:40
Member (2000)
Greek to English
+ ...
All these confusing codes... Sep 24, 2005

Irina Moore wrote:
Could you please let me know what info you give to clients in Europe when they ask for Banking info? Any help is appreciated.


Irina, take a look at this brief and interesting discussion we had in the TR forum:
http://www.proz.com/post/220237#220237

Maria


Direct link Reply with quote
 
xxxsarahl
Local time: 15:40
English to French
+ ...
BIC and SWIFT Sep 24, 2005

Hi Irina

Actually BIC and SWIFT are one and the same

I had to ask my own bank recently, and the wire department gave me the SWIFT code, that's who you need to speak to. The tellers are usually clueless.

Sarah


Direct link Reply with quote
 
IrinaGM  Identity Verified
United States
Local time: 18:40
English to Georgian
+ ...
TOPIC STARTER
Thanks everyone Sep 27, 2005

I called my bank and they still could not tell me the swift code, everyone I talked to kept saying that US banks only need routing numbers and account numbers for transfering money... oh such a headache!

-Irina


Direct link Reply with quote
 

Ralf Lemster  Identity Verified
Germany
Local time: 00:40
English to German
+ ...
Not every US bank has a SWIFT code Sep 27, 2005

Hi Irina,
I called my bank and they still could not tell me the swift code, everyone I talked to kept saying that US banks only need routing numbers and account numbers for transfering money...

That's true within the US, but certainly not in international money transfers. The question is whether your bank is connected to the SWIFT network - not all US banks are. There is an online directory on the SWIFT website - you can check if you find your bank, but you shouldn't use any code found there unless you're certain this is the right one, and it is shown as active in the directory.

Best regards,
Ralf


Direct link Reply with quote
 

Heike Reagan  Identity Verified
United States
Local time: 18:40
Member (2004)
German to English
Hello Sarah May 31, 2006

sarahl wrote:

Hi Irina

Actually BIC and SWIFT are one and the same

I had to ask my own bank recently, and the wire department gave me the SWIFT code, that's who you need to speak to. The tellers are usually clueless.

Sarah


Even though it's been a while since you posted this, may I ask you what bank you're using, as I am desperately trying to find a bank with an IBAN/SWIFT/ANYTHING that I can give my clients to send international wires?


Direct link Reply with quote
 
dstgirl
Local time: 16:40
i ban number Feb 23, 2011

I need to find out what my banks IBAN number is to have money send to me from Germany... my bank only gave me the swift code and said it was the same as the IBAN number... it did not work!!!! How can I find out what the IBAN is?

Direct link Reply with quote
 
JH Trads  Identity Verified
United States
Local time: 17:40
Member (2007)
English to French
+ ...
IBAN Feb 24, 2011

Actually, you have to explain to your client that the SWIFT CODE and the routing number are sufficient for them to send a wire.

When clients request an IBAN or branch code, I explain that it is not necessary, at least in the case of the bank I use.

Some banks have two or more routing numbers, including one they prefer for receiving international wires. One safe option is to go to your local branch and confirm this with a representative.


Direct link Reply with quote
 

Elena Woontner
United States
Local time: 15:40
Member (2002)
English to Italian
+ ...
Paypal preferred Feb 1, 2013

Less charges and fees - I always state that when people try to pay me through banks. Plus, you don't have to go crazy finding out IBAN, SWIFT etc.

Direct link Reply with quote
 


To report site rules violations or get help, contact a site moderator:


You can also contact site staff by submitting a support request »

Question for those of you with US Bank Accounts

Advanced search


Translation news





Protemos translation business management system
Create your account in minutes, and start working! 3-month trial for agencies, and free for freelancers!

The system lets you keep client/vendor database, with contacts and rates, manage projects and assign jobs to vendors, issue invoices, track payments, store and manage project files, generate business reports on turnover profit per client/manager etc.

More info »
PerfectIt consistency checker
Faster Checking, Greater Accuracy

PerfectIt helps deliver error-free documents. It improves consistency, ensures quality and helps to enforce style guides. It’s a powerful tool for pro users, and comes with the assurance of a 30-day money back guarantee.

More info »



All of ProZ.com
  • All of ProZ.com
  • Term search
  • Jobs