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US Dollar (USD)

Overview

Payment type Priority Regular
Cutoff time (UK Time) 4:30 pm 5:10 pm
Delivery time frame 0 days 0 days
Maximum payment size No limit $100,000
Payment Scheme SWIFT - USD to any country
Within the US, the SWIFT payment will use Fedwire or CHIPS, depending on the routing code used. 		FedACH
Destination countries Any (excluding sanctioned) USA
Traces Yes No
Recalls Yes No
Ultimate payer displayed? Yes No

Required details

Regular Payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type Yes Yes ‘individual’ or ‘company’ only
Beneficiary First Name Yes No 1-255 characters*
Beneficiary Last Name Yes No 1-255 characters*
Beneficiary Company Name No Yes 1-255 characters*
Beneficiary Address Yes Yes 1-255 characters*
Beneficiary City Yes Yes 1-255 characters*
Beneficiary Country Yes Yes 2 letter ISO country code
Beneficiary Postcode Yes Yes 1-12 characters*
Beneficiary State or Province Yes Yes 1-255 characters*
Account Number Yes Yes 1-17 digits
ABA Yes Yes 9 digits American banks are identified by a 9 digit ABA number, also known as ‘Routing Number’. The ABA should be valid for FedACH payments. Some ABA values are only valid for FedWIRE payments. Payments to FedWIRE-only ABAs will fail.
Payment Currency Yes Yes 3 letter ISO currency code
Payment Amount Yes Yes Numeric amount
Payment Reference Yes Yes 1-255 characters* The scheme only supports 10 alphanumeric characters. The reference field will be truncated to fit this limit.
Payment Reason Yes Yes 1-255 characters* This field is not visible to the beneficiary.
Payer Entity type Yes Yes ‘individual’ or ‘company’ only
Payer First Name Yes No 1-255 characters*
Payer Last Name Yes No 1-255 characters*
Payer Company Name No Yes 1-255 characters*
Payer Address Yes Yes 1-255 characters*
Payer City Yes Yes 1-255 characters*
Payer Postcode Yes Yes 1-12 characters*
Payer State or Province Yes Yes 1-255 characters*
Payer Country Yes Yes 2 letter ISO country code
Payer Date of Birth Yes No ISO 8601 format (YYYY-MM-DD).

Priority payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type Yes Yes ‘individual’ or ‘company’ only
Beneficiary First Name Yes No 1-255 characters*
Beneficiary Last Name Yes No 1-255 characters*
Beneficiary Company Name No Yes 1-255 characters*
Beneficiary Address Yes Yes 1-255 characters*
Beneficiary City Yes Yes 1-255 characters*
Beneficiary Postcode Yes Yes 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary State or Province Yes Yes 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary Country Yes Yes 2 letter ISO country code
IBAN Yes Yes 15-34 alphanumeric characters; spaces permitted IBAN must be used when sending payments to all IBAN countries. When sending to non-IBAN countries, account number must be used.
Account Number Yes Yes 1-17 digits When sending payments to non-IBAN countries, account number must be used. IBAN must be used when sending to all IBAN countries.
CLABE Yes Yes 18 digits CLABE must be used instead of account number or IBAN when sending payments in any currency to Mexico. CLABE is the banking standard for the numbering of bank accounts in Mexico (equivalent to the Account Number in other jurisdictions).
ABA Yes Yes 9 digits American banks are identified by a 9 digit ABA number, also known as ‘Routing Number’. The ABA should be valid for FedACH payments. Some ABA values are only valid for FedWIRE payments. Payments to FedWIRE-only ABAs will fail.
BIC SWIFT Yes Yes Valid ISO 9362 SWIFT BIC code; 8 or 11 alphanumeric characters BIC SWIFT should be used for USD payments to the USA for payments on the CHIPS payment scheme. The BIC SWIFT should also be used for USD payments to any other supported country outside the USA.
Payment Currency Yes Yes 3 letter ISO currency code
Payment Amount Yes Yes Numeric amount
Payment Reference Yes Yes 1-255 characters*
Payment Reason Yes Yes 1-255 characters* This field is not visible to the beneficiary.
Payer Entity type Yes Yes ‘individual’ or ‘company’ only
Payer First Name Yes No 1-255 characters*
Payer Last Name Yes No 1-255 characters*
Payer Company Name No Yes 1-255 characters*
Payer Address Yes Yes 1-255 characters*
Payer City Yes Yes 1-255 characters*
Payer Postcode Yes Yes 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer State or Province Yes Yes 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer Country Yes Yes 2 letter ISO country code
Payer Date of Birth Yes No ISO 8601 format (YYYY-MM-DD).
Payer Identification Type No Yes ‘incorporation_number’ only
Payer Date of Birth No Yes 1-255 characters*

(c)conditional

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