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Can I Receive Money Through Wire Transfer On My Local Bank Account? - Business - Nairaland

Nairaland Forum › Nairaland General › Business › Can I Receive Money Through Wire Transfer On My Local Bank Account? (1657 Views)

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Can I Receive Money Through Wire Transfer On My Local Bank Account? by Nobody: 6:25pm On Apr 11, 2015
I own a UBA bank account and a friend from the US wishes to send funds to me through wire transfer. Must I own a domiciliary account to receive the funds? I have sent funds through wire transfer from the bank account before. Now I want to know if that account can still receive funds through wire transfer.
Thanks as I await your response
NOTE: My bank account is not a domiciliary account.
Re: Can I Receive Money Through Wire Transfer On My Local Bank Account? by bigtt76(f): 6:29pm On Apr 11, 2015
Yes it can but at the prevailing exchange rate for the day. You will need to communicate your bank branch sort code to your friend.
Re: Can I Receive Money Through Wire Transfer On My Local Bank Account? by arbitrage: 6:34pm On Apr 11, 2015
I don't think domiciliary account should be necessary but you may still need to confirm from your bank as GTBank surprisingly returned my wire transfer back to sender in the name of euro arrival instead of my dollar denominated account.
Re: Can I Receive Money Through Wire Transfer On My Local Bank Account? by Nobody: 6:44pm On Apr 11, 2015
Okay thanks for your responses but the sender said all he needed was just my bank account number, bank name and SWIFT code. He did not mention sort code.
Re: Can I Receive Money Through Wire Transfer On My Local Bank Account? by Tattooboy: 6:44pm On Apr 11, 2015
Pls contact UBA
Re: Can I Receive Money Through Wire Transfer On My Local Bank Account? by dav8id(m): 7:56pm On Apr 11, 2015
Chidinho10:
Okay thanks for your responses but the sender said all he needed was just my bank account number, bank name and SWIFT code. He did not mention sort code.
the info the ur frd required is the only info u need to get from ur bank and forward to him....nothing less nothing more.
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