--- title: Wire Requirements slug: pnc/wire-requirements description: Discover the necessary steps to ensure timely wire payments! docTags: createdAt: 2024-10-01T21:25:13.887Z --- FedWire, or domestic US Wires, payments are used to move funds within the** **United States.** **All transfers must be in **USD**. For NetSuite users, to process FedWire payments through the plugin in NetSuite, you must have the Entity Bank Details bundle installed. *** ## Key Terms Below are some key terms to help you navigate the instructions and setup for FedWire payments more easily. | **Term** | **Definition** | | ------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | **SWIFT/BIC Code** | A Bank Identifier Code (BIC), also known as a SWIFT code, is an 8 (primary) to 11 (primary and branch code) alphanumeric code that uniquely identifies financial institutions.
**Note:** If the BIC is unavailable, you must provide the bank's full name and address. | *** ## Vendor and Bill Requirements To prevent payment delays or returns, all payments are required to have the following three requirements: ::::WorkflowBlock :::WorkflowBlockItem ### Vendor Record The Entity's full legal name, address, and phone number must be accurately populated on the Vendor record. ::: :::WorkflowBlockItem ### Billing Address and Location The Entity and Bill (if applicable) Billing Addresses must be located in the country of destination and must match the country specified in the Entity Bank Details record. ::: :::WorkflowBlockItem ### Currency The currency for the Vendor Bill must be in USD. ::: :::: *** ## Payment Requirements **Payment Context** - **Swift BIC Country Code: **US - **Method: **Domestic - **Country:** United States  - **Currency:** USD **Requirement Information** ::::WorkflowBlock :::WorkflowBlockItem **SWIFT/BIC Code** or **Routing Number** is mandatory. ::: :::WorkflowBlockItem **Account Number** is mandatory. ::: :::WorkflowBlockItem **Payer Account Number** must be between 6 and 10 digits. ::: :::WorkflowBlockItem **Destination Account Number** can be up to 12 digits. ::: ::::