International ACH vs International Wire Transfer – Canada

What is Required?

Below is the information needed for both a International ACH and International Wire Transfer.

International ACH

Beneficiary:

1. Beneficiary name
2. Beneficiary address
3. Beneficiary transit number
4. Beneficiary institution number
5. Beneficiary account number
6. Beneficiary bank name

Currency:

1. Canadian dollar (CAD) or US dollar (USD)

International Wire Transfer

Beneficiary:

1. Beneficiary name
2. Beneficiary address
3. Beneficiary bank transit number
4. Beneficiary account number
5. Name, address and SWIFT¹ code of beneficiary’s bank

Currency:

1. Canadian dollar (CAD), US dollar (USD), or any other foreign currency

If applicable:

1. ABA² and account number if there is an intermediary bank