Wire Requirements

fedwire, or domestic us wires, are payments used to move funds within the us all transfers must be in usd for netsuite users, the entity bank details bundle is required to process fedwire payments through the plugin vendor record & bill requirements 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 the entity and bill (where applicable) billing addresses must reside in the country of destination, matching the entity bank details record the currency of the vendor bill must be in usd key terms below are some key terms to make navigating the instructions and set up for fedwire payments easier! 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 payment requirements swift bic country code us method domestic country united states currency usd requirements routing number is mandatory account number is mandatory payer account number is 6 to 10 digits destination account number can be up to 12 digits payments batching times fispan will batch and send payments to pnc every 30 minutes from 7 a m to 9 p m eastern time monday to friday please make sure to submit all payment requests through your erp at least 10 minutes prior to the final batching window