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International ACH vs International Wire Transfer – Panama

International ACH vs International Wire Transfer

International ACH
International Wire Transfer
Time to Transfer
2 to 3 business days2 to 5 business days
Why should I choose it?
When a proof of payment is not requiredWhen a proof of payment is required
How much it costs
$10 to $15$35 to $45
Start NowStart Now

 

What is Required?

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

 

International ACH

 

Beneficiary:
  1. Beneficiary name
  2. Beneficiary address
  3. Receiver account number
  4. Beneficiary bank name

 

Currency:
  1. US Dollars (USD)
International Wire Transfer

 

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

 

Currency:
  1. US Dollars (USD), Panamanian Balboa, or any other foreign currency

 

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