UMB Business Online Banking User Guide

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Wires Only (International)- Part 2 of 3: Beneficiary Bank Details When sending a wire, the beneficiary bank is the final bank that receives the funds. The beneficiary is the company or person that receives the funds. Depending on the payment type you selected in Part 1, you may need to provide beneficiary bank information.

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1. Enter the beneficiary FI’s name. 2. Select the beneficary’s country from the drop-down.

3. Enter the recipient’s SWIFT/BIC. 4. Enter the beneficiary’s address.

Note : Incorrect beneficiary details are the main reason wire transfers are rejected. Be sure all information is correct before proceeding.

Advanced Payments: Recipient Overview

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