ABOUT
A wire transfer is an electronic transfer of funds via a network that is administered by banks and transfer service agencies around the world. Wire transfers involve a sending and receiving institution and require information from the party initiating the transfer, such as the receiver’s name and account number. These transfers don’t actually involve the physical exchange of cash but are settled electronically.1 Types of wire transfers include those facilitated between domestic banks and international ones.
Our Wire Transfer information follows:
ABA Number : 021000089
Swift Code: CITIUS33
Citibank Account Number : 9953693935
Account Title: Harmers International, Inc.
Citibank 360, Downing Drive, Yorktown Heights, NY USA
REMEMBER TO INCLUDE ALL FEES – Banks like to pass the cost on to the recipient to hide the cost of sending and receiving wires. As the sender, you will pay your bank’s fee, typically $35 PLUS and intermediary bank fees -$75-$150, PLUS a currency conversion fee if applicable. You MUST pay for those fees. Our bank charges $35 to receive the wire, but Harmers pays our bank fees. PLEASE, Pay ALL your Bank Fees.
NOTES:
Wire transfers, named after their origin in the days of the telegraph wire, are direct point-to-point transfers between any two financial institutions; or, for international wires, sometimes with one or two intermediaries along the way. Sometimes called remittance transfers, they’re typically used for higher-value items like property purchases or for settling large institutional transactions.
Both ACH and wire transfers work on similar principles for clearance and settlement, just with different timelines and rules. Where wires generally clear immediately and forever, ACH messages are slowed down both by the batching mechanism and by being subject to various error messages (if something goes wrong with the transaction) that can take up to a few business days to be returned to the originator.
Wire transfers, named after their origin in the days of the telegraph wire, are direct point-to-point transfers between any two financial institutions; or, for international wires, sometimes with one or two intermediaries along the way. Sometimes called remittance transfers, they’re typically used for higher-value items like property purchases or for settling large institutional transactions.
Both ACH and wire transfers work on similar principles for clearance and settlement, just with different timelines and rules. Where wires generally clear immediately and forever, ACH messages are slowed down both by the batching mechanism and by being subject to various error messages (if something goes wrong with the transaction) that can take up to a few business days to be returned to the originator.
Wire transfers, named after their origin in the days of the telegraph wire, are direct point-to-point transfers between any two financial institutions; or, for international wires, sometimes with one or two intermediaries along the way. Sometimes called remittance transfers, they’re typically used for higher-value items like property purchases or for settling large institutional transactions.
Both ACH and wire transfers work on similar principles for clearance and settlement, just with different timelines and rules. Where wires generally clear immediately and forever, ACH messages are slowed down both by the batching mechanism and by being subject to various error messages (if something goes wrong with the transaction) that can take up to a few business days to be returned to the originator.
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