As you all know Wells Fargo is a well reputed financial bank that has its roots deep in the history of American Railroad and safe delivery of gold. It was reliable not only in the 1800s, but also even now people relay on sending money through Wells Fargo International Wire Transaction. It is the safest and easy way to send money to your loved ones outside America.
Why is it Important to use Wells Fargo International Wire Transfer Fee?
When your loved ones are in trouble and they are in need of urgent money then Wells Fargo International Wire Transaction comes in handy. There are several reasons of doing international transactions through Wells Fargo.
The Wells Fargo International Wire Transaction fee is very low as compared to other banks and institutes who give this facility. You don’t need an intermediaries make the transfer. Wells Fargo International Wire Transaction is directly between the sender and the receiver.
The exchange rate of the transaction is openly shown to the sender. This reduces the risk of fraud and the customer can view the full payment he/she has to pay in order to send money before sending the Wells Fargo International Wire Transaction.
When you send money through Wells Fargo International Wire Transaction, your beneficiaries receive money in two days time. You can transfer the money directly into the account of the receiver or the person can easily access the money through cash pick-up points.
Wells Fargo has a network of foreign correspondent banks, who act as beneficiaries for you. When you transfer money, they are capable to receive the money on your behalf. In this case you need not to be there in order to functions any transactions. This network can work on your behalf.
Wells Fargo International Wire Transfer Fee:
Wells Fargo wants the customers to give minimum fee for any type of transaction and especially if you are sending money to any foreign country using Routing Number. The Wells Fargo International Wire Transaction fee may differ according to the country’s currency, where the transaction is being sent.
Wells Fargo charges $16 when you are receiving any money send to you by another person. When you are studying in the US this fee will be charged when your parents will send you money from your homeland.
If you are working as an employer in the US and you want to send money to your family abroad in another country then $30-45 will be charged extra. But the exact fee will be disclosed at the time of the processing.
Ways to send Wells Fargo International Wire Transaction:
When you think of transferring money outside the US there are many banks and institutes but the best choice should be through Wells Fargo International Wire Transaction. The reason is that you can transfer money through five different options.
Sign on to Wells Fargo Online, go to Transfer & Pay, and enroll in online to initiate a wire transfer. Choose your recipient, your funding account and amount (along with any additional details required for certain countries). Review and send your payment.
You also have an option of doing bank account to bank account transfer when you are doing an online transaction.
Sending International Transactions in person:
Sign in to your online account. Download the wire transfer request form. Fill in the required details as Wells Fargo requires signature of the sender for authorization. Go to a nearest Wells Fargo branch. Sign the form in front of a representative and your wire transfer will be complete.
If you neither have the facility of the internet nor you can go to a Wells Faro branch, then pick up your phone and call 1-800-556-0605 to enroll in Wells Fargo ExpressSend Service. As soon as you register, you can send money through Wells Fargo International Wire Transaction. On completing the Express Send Service Agreement, you must provide:
The name, address, and telephone number of your beneficiary, and the Remittance Network Member(s) to which your funds should be sent. Your beneficiary’s full physical address. Post office box addresses are not allowed. Your beneficiary’s telephone number, which must be a number in the country to which your remittance is to be sent. You must also indicate whether the number is a mobile line or land-based line.
Wells Fargo will be unable to establish your Service Agreement if you do not provide this information:
Finally, tell us how you want your beneficiary to receive the money (cash pick-up or to your beneficiary’s account). If you are sending the money to a bank account then provide the full detail of the bank account.
Wells Fargo International Wire Transaction fee estimator:
Wells Fargo has a fee estimator for the customers to easily estimate the cost of their sending money. You just need to visit this site www.wellsfargo.com/international-remittances/ and click on ExpressSend Remittance Cost Estimator. On the next page enter the names of; receiving country, receiving location, receiving method, amount and hit estimate button.
When you will scroll down you can have a quick look at; how much the transaction will cost you and the amount the person will receive at the other end.
So as you can see it is not difficult to send and receive money through Wells Fargo International Wire Transaction and the fee is also very reasonable. Now the next time you send and receive money let your choice be through Wells Fargo International Wire Transaction.