International Wire Roadblock
Posted: Thu Jul 14, 2022 5:40 am
My US bank will not allow me to conduct any international wire transfers to Japan unless I confirm the specific bank I want to send funds to in person. This means that I would have to go back to the US, meet with the bank manager and confirm and notarize some paperwork. After I do this I would be able to wire funds to the Japanese bank in the future.
Has anybody else experienced this and/or found a way around it? I know I could set up a Wise account but the fees would be higher than a direct wire transfer to a dollar sub account, so I rather not.
Has anybody else experienced this and/or found a way around it? I know I could set up a Wise account but the fees would be higher than a direct wire transfer to a dollar sub account, so I rather not.