International Wire Requirements

entity record & bill requirements international wire ( intl wire ) payments are used to move funds from the us to various countries across the globe all transfers must be in usd for netsuite users, the entity bank details bundle is required to process international wires payments through the plugin please include the following required information for all payments to avoid potential delays or returns the entity's full name, address, and phone number , are expected to be populated on the vendor record if the beneficiary is an individual, avoid use of initials in vendor's name to help avoid processing delays the vendor, bill and entity bank account address (stored in the fispan bank details bundle) must have the destination country accurately listed if a entity has multiple bank accounts stored, then the address of the bill must match the destination bank account country the name and address of the destination bank should be entered onto the bank account record the currency of the bill and destination bank account must be in usd the method of storage must be “international” within the bank details record, where applicable key terms below are some key terms to make navigating the instructions and set up for international wire payments easier! international bank account number (iban) is a standard international numbering system developed to identify an individual’s account at a financial institution the structure consists of a two letter country code, followed by two digits and up to 30 alphanumeric characters swift/bic code bank identifier code (bic) also referred to as a swift code consists of 8 (primary) to 11 (primary and branch code) alphanumeric and is used as a unique identifier for financial institutions please note if a bic is not known, the full name and address of the bank should be provided your bank does not currently support storing intermediary bank account details if you would like to have this feature available, please submit a feedback request here payment requirements by country north america canada swift bic country code ca method international currency code usd requirements bic code is mandatory account number is mandatory full vendor address is required; po boxes are not acceptable telephone number is required on the vendor record asia pacific australia swift bic country code au method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory bangladesh swift bic country code bd method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory full destination bank account address is mandatory china swift bic country code cn method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory full destination bank account address is mandatory fiji swift bic country code fj method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory full destination bank account address is mandatory hong kong swift bic country code hk method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory entity's phone number is mandatory full destination bank account address is mandatory india swift bic country code in method international currency usd requirements bic is mandatory account number is mandatory purpose of payment is mandatory full destination bank account address is mandatory indonesia swift bic country code id method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory japan swift bic country code jp method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory for transactions above jpy 1,000,000 full destination bank account address is mandatory malaysia swift bic country code my method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is recommended for transactions over myr 10,000 purpose of payment code is recommended for transactions over myr 10,000 full destination bank account address is mandatory new zealand swift bic country code nz method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory pakistan swift bic country code pk method international currency usd requirements bic code is mandatory iban mandatory purpose of payment is mandatory full destination bank account address is mandatory philippines swift bic country code ph method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory singapore swift bic country code sg method international currency usd requirements bic code is mandatory account number is mandatory telephone number is required on the vendor record full destination bank account address is mandatory sri lanka swift bic country code lk method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory south korea swift bic country code kr method international currency usd requirements bic code is mandatory account number is mandatory purpose of payment is mandatory telephone number is required on the vendor record full destination bank account address is mandatory taiwan swift bic country code tw method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory purpose of payment is mandatory thailand swift bic country code th method international currency usd requirements bic code is mandatory account number is mandatory full destination bank account address is mandatory vietnam swift bic country code vn method international currency usd requirements bic code is mandatory account number is mandatory telephone number is required on the vendor record full destination bank account address is mandatory europe austria swift bic country code at method international currency code usd requirements bic code is mandatory iban is mandatory (20 characters) belgium swift bic country code be method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (16 characters) czech republic swift bic country code cz method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (24 characters) telephone number is required on the vendor record denmark swift bic country code dk method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (18 characters) france swift bic country code fr method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (27 characters) finland swift bic country code fi method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (18 characters) germany swift bic country code de method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (22 characters) great britain swift bic country code gb method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (22 characters) greece swift bic country code gr method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (27 characters) ireland swift bic country code ie method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (2 characters) if the beneficiary is an individual, avoid use of initials in vendor's name italy swift bic country code it method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (27 characters) luxembourg swift bic country code lu method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (20 characters) netherlands swift bic country code nl method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (18 characters) norway swift bic country code no method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (15 characters) poland swift bic country code pl method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (28 characters) portugal swift bic country code pt method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (25 characters) spain swift bic country code es method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (18 characters) sweden swift bic country code se method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (24 characters) telephone number is required on the vendor record switzerland swift bic country code ch method international currency code usd special formatting requirements bic code is mandatory iban is mandatory (21 characters) telephone number is required on the vendor record