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How to conduct a wire transfer executing a wire transfer is as easy as making one phone call you will need the recipients name and bank account information the receiving banks identification code and a bank account optional a computer with internet access step 1 determine the amount of the wire transfer keep in mind that there are access fees which vary from one bank to another step 2 write down the recipients name bank name account number and bank routing number for an international wire transfer you will need the receiving banks swift identification code when time is of the essence go online to find a wire transfer service provider step 3 call your bank or financial institution to authorize the wire transfer and provide the information for yourself and the person on the receiving end the transfer will be completed the same day if you get approval from the bank manager and the call is placed before their cutoff time step 4 call the recipient to let them know the transaction was completed step 5 verify with the bank that the wire transfer was completed and request a mailed faxed or emailed confirmation did you know Western Union began offering money wire transfer services in 1871
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