Sending money internationally is a necessity for many, whether to support family, pay for services, or for various personal and business needs. Wells Fargo ExpressSend® offers a reliable service to transfer funds to recipients around the globe. This guide will walk you through How To Send Money Internationally using Wells Fargo ExpressSend, ensuring a smooth and secure transaction.
Understanding Wells Fargo ExpressSend®
Wells Fargo ExpressSend® is a service designed for quick and efficient international money transfers. It allows customers to send money to various countries through Wells Fargo’s extensive network. Key features of ExpressSend include options for both online and in-person transactions, although initial setups might require an in-branch visit or phone call for security reasons. It’s important to note that while ExpressSend facilitates international remittances, it’s primarily accessed via desktop or laptop for online transfers, as it is not fully available on the Wells Fargo Mobile® app.
Step-by-Step Guide to Sending Money Internationally with ExpressSend
The process to send money internationally with Wells Fargo ExpressSend is straightforward, but it’s important to follow each step carefully to ensure your transfer is processed without delays.
1. Initial Setup: For your first transaction under each service agreement, Wells Fargo requires you to complete the remittance in person at a branch. This is a security measure to protect your account and verify your identity. However, if you have an existing Wells Fargo checking or savings account, you might be able to initiate your first transfer by calling the Wells Fargo Phone Bank. This option is subject to authentication and fraud prevention protocols to secure your transaction.
2. Subsequent Transfers: After your initial transaction is set up, you gain more flexibility. You can complete future remittances through several convenient methods:
- Wells Fargo Branch: You can always visit a Wells Fargo branch for in-person assistance.
- Wells Fargo Phone Bank: Continue to use the phone service for transactions.
- Wells Fargo Online®: The most convenient method for many is through the Wells Fargo Online platform at wellsfargo.com, accessible via desktop or laptop.
3. Recipient Information: When sending money, you will need specific information about your recipient. For transfers to a bank account, you’ll need the beneficiary’s qualifying deposit account number at the participating Remittance Network Member. If you are sending money for cash pick-up, ensure that the beneficiary’s name you provide exactly matches their name as it appears on their government-issued identification. This is crucial for them to successfully collect the funds.
Important Considerations for International Money Transfers with ExpressSend
While ExpressSend is designed for ease of use, there are several important factors to keep in mind for international money transfers:
Delivery Methods and Availability: ExpressSend offers different delivery methods, including credit to account and cash pick-up. However, the availability of these methods can vary depending on the Remittance Network Members and their locations. Not all options may be available in every location.
Potential Service Disruptions: Unforeseen circumstances can sometimes affect the availability of cash pick-up services. These can include natural disasters, civil unrest, system issues, currency availability, local regulations, or security concerns in specific locations. It’s advisable to stay informed about any potential disruptions, especially if your recipient is relying on cash pick-up in a particular area. If your beneficiary encounters any problems with cash pick-up, Wells Fargo advises contacting their customer service at 1-800-556-0605 for assistance.
Fees and Exchange Rates: In addition to a transfer fee, it’s important to understand that Wells Fargo earns revenue from currency exchange. When you convert currency for an international transfer, the exchange rate provided by Wells Fargo includes a markup. For detailed information about ExpressSend fees, exchange rates, and terms and conditions, refer to the ExpressSend Terms and Conditions and Sender’s Rights documentation available on the Wells Fargo website.
Tips for a Smooth International Money Transfer
To ensure your international money transfer goes smoothly with Wells Fargo ExpressSend, consider these tips:
- Verify Recipient Details: Double-check all recipient information, especially account numbers and names, to avoid delays or complications.
- Plan for Initial In-Person Setup: Be prepared to visit a branch or call the phone bank for your first transaction to comply with security protocols.
- Stay Informed: Check for any service alerts or potential disruptions that might affect cash pick-up services in your recipient’s area.
- Understand Fees and Exchange Rates: Be aware of the transfer fees and the exchange rate markup to fully understand the cost of your transaction.
By following these guidelines, you can effectively use Wells Fargo ExpressSend to send money internationally, ensuring your funds reach your intended recipient securely and efficiently. Always refer to the official Wells Fargo resources for the most up-to-date information and terms of service.
Wells Fargo Bank, N.A. Member FDIC.
