Wire Transfers in Emburse Enterprise

Enter the name of the guest’s bank in their home country. Ensure the name entered here matches the institution’s full name. Discrepancies may result in delay of payment. Example: Mizuho Financial Group

Enter the bank’s 8-11 letter/digit SWIFT or BIC code provided by the guest’s financial institution. Enter WITHOUT dashes.

A SWIFT/BIC code’s characters follow a format that identifies the bank (4 letters), country (2 letters), location (2 letters or digits), and branch (3 digits). Example: AAAABBCC123

Learn more on Western Union’s website.

Enter the city in which the bank is located. Example: Tokyo

Select the country in which the bank is located. Example: Japan

Full name of the individual to whom the account belongs. This name needs to match the account holder’s name on the receiving bank account. Example: Hayao Miyazaki

IBAN stands for International Bank Account Number. This field may be required, depending on the country in which the financial institution is located.

The IBAN code is up to 34 digits that identify the bank account using a country code (2 letters), check digits (for error detection) using two numbers and Basic Bank Account Number (BBAN) – up to 30 alphanumeric characters that are country-specific. Example: JP1234567NH8901238

Learn more on Western Union’s website.

Treasury can only issue wire transfers in US Dollars (USD). If the guest wants the currency converted at their home bank, indicate the currency desired here. If a foreign currency is specified here, Treasury will add a note to the wire that will instruct the receiving bank to convert the amount. Example: JPY (Japanese Yen)

If the guest wants to be paid in US Dollars, select “USD.”

If the payee’s bank provided additional details that don’t fit elsewhere, enter them here. If none, enter “None.”

If the payee’s bank provided an Addenda, enter it here. An Addenda is additional pertinent information that Treasury would need to include in the outgoing wire. Usually, this field is empty but can be used if needed. If none, enter “None.”

Depending on the bank’s size and country location, an intermediary bank may be required to transmit the wire between IU’s bank and the guest’s home bank. These details should be provided by the guest’s home bank.

Select “Yes” if an intermediary bank is needed. An additional set of fields will appear so that wire information for the intermediary bank can be entered.