š” Wires are for sending money internationally. The minimum is $500, though that's waived if your organization has raised $50,000 in the past year.
Minimum and fees
The minimum wire is $500.
That minimum is waived if your organization has raised $50,000 in the past year.
What you'll need
To send an international wire, you'll need the recipient's:
Name, or company name
Email and full address
Currency and amount
Bank's SWIFT/BIC code
Account number
Some countries also require a purpose-of-payment code, which HCB will prompt you for.
How to send one
On your organization's dashboard, open the Transfers tab.
Click Send and choose Wire.
Enter the recipient's details and the amount.
What if a wire is returned?
If a wire can't be completed and is returned, the amount that comes back may be slightly different from what you sent. That's because the exchange rate can move between when you send the wire and when it's returned.
Tax forms
Paying for goods or services internationally usually requires a W-8 BEN from the recipient.