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When it comes to sending money abroad for personal and business purposes, the most convenient method of doing that safely is a Wire Transfer with the help of the SWIFT system. The Society for Worldwide Interbank Financial Telecommunications (or SWIFT for short) is the traditionally used network that facilitates sending and receiving funds in any currency via any bank across the globe. The system is so popular that dozens of thousands of its members conduct millions of transactions daily.
SWIFT transactions are not instant; your recipient may have to wait for 1-3 business days to receive the funds, and even more when a significant time difference is involved. Moreover, you should take into account the high SWIFT transfer fees that are charged for every transaction no matter the sum and distance.
To send money via SWIFT, you have to know the routing number of your recipient bank. This number is a code assigned to each particular bank by the SWIFT system, containing the individual bank’s code, the country code, the city code, and optionally the code of a local branch. So, let’s suppose that you reside in New York and are the client of the UniCredit Bank; you need to send a present to your friend residing in Berlin, Germany, using the Raiffeisen Bank’s services. where can you conduct a routing number search quickly? Bank-routing.org is the one that provides any routing number on check and contains all US banks’ routing numbers for your fast and comfortable check of all information for the SWIFT transaction. Make an easy routing number lookup here and arrange all transactions safely, without the risk of their return and failure because of the wrong bank details.