How many days it required to wire-transfer a payment to another country? IS IT POSSIBLE THAT SENDER CAN CANCEL THE TRANSFER AFTER 2 , 3 DAYS? Plz Help/ Thanks
i sold a item to a buyer, after he said he wire-transferred me money... now he says that i have to give him customizing service (which was not included in sale) or he will cancel the transfer
I don't think its possible to reverse back a wire transfer. I think you can get to know it if you read the internet wire transfer terms and conditions.
Mostly wire transfer is done through SWIFT and normally takes 3-5 days to reach different countries. Once the transfer is initiated you cannot stop it but your bank can trace it. Most banks do charge about $25 to do a trace.
If the bank you are sending to is a real bank and not using a corresponding bank it wouldn't take longer then 4 business days. A wire transfer can not be canceled.
i think you are right.... do u have any idea about "raiffeisen banka serbia" its the main or corresponding bank?
i dont think raiffeisen would use corresponding banks. I believe raiffeisen group have their own SWIFT code.
How did you had to send it? Like, did you had to include a special 'memo' or 'note' on the wire? In that case it might be a corresponding one, if not it's the 'final bank to receive credit'.
my client sent me the payment.... that i still have'nt got here is my bank URL http://tinyurl.com/62rm99 actually i am the receiver, not sender, but my bank do have its on swift code.
That clears some up.. Your country is on the list of America's 'terrorist supporting countries'. Each transfer from/to it has to pass several tests (SWIFT/IBAN) before they are being credit to your account. Some transfers might even 'get lost' cause of this reason. I would advice you in case you work with wire often to consider getting a bank account in another country.