Wire Requirements

fedwire, or domestic us wires, payments are used to move funds within the us all transfers must be in usd fedwire payments will be received by your bank about 20 minutes after its released from the td m secure browser for netsuite users, the entity bank details bundle is required to process fedwire payments through the plugin please submit your wire transfers by 5 00pm est to ensure they meet the final batch deadline wire transfers received after 5 00pm est will be processed the following day 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 payer's address details like address line1, city, state, postalcode and country are mandatory routing number is mandatory account number is mandatory receiving bank name is mandatory payer account number is 6 to 10 digits receiving account number can be up to 12 digits beneficiary's adress (address line1, postal code, city, province) in wire payment is mandatory as per latest iso rules