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shostahoosier
Joined: 14 Apr 2009
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 Posted: Mon Mar 08, 2010 7:16 pm Post subject: Anyone do a wire transfer from KEB to Schwab Bank? How? |
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I'm trying to set up an international money transfer from KEB to Schwab Bank in the US.
The problem is that KEB wants Schwab's ABA # and for international transfers Schwab uses a swift# through Citibank...so I cant give Schwab's ABA#, but the banker insists that I give this anyway.
Were any of you able to get around this? |
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shostahoosier
Joined: 14 Apr 2009
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| Posted: Mon Mar 08, 2010 7:18 pm Post subject: |
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Ooops...I meant to post this in the general discussion forum.
Can a moderator move it please if you have the time.
Thanks! |
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RobertGR
Joined: 03 Jun 2009
Location: Daegu
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| Posted: Tue Mar 09, 2010 3:46 am Post subject: Re: Anyone do a wire transfer from KEB to Schwab Bank? How? |
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| shostahoosier wrote: |
I'm trying to set up an international money transfer from KEB to Schwab Bank in the US.
The problem is that KEB wants Schwab's ABA # and for international transfers Schwab uses a swift# through Citibank...so I cant give Schwab's ABA#, but the banker insists that I give this anyway.
Were any of you able to get around this? |
For the Brokerage you use Citibank's ABA number. The Schwab account is handled via a memo.
Destination Bank: Citibank N.A., New York
SWIFT ID: CITIUS33
ABA: 021000089
Account Name: Charles Schwab & Co., Inc.
Account Number: 4060-7595
Bank Address: 111 Wall Street, New York, NY 10005, USA
For Further Credit to:
(To ensure your account is properly credited, provide the 8-digit account
number and name[s] listed on your Schwab account.)
If you have the linked brokerage/checking account there is an ABA number for the checking account. No SWIFT code but KEB may be able to deal with that (it's what I ended up doing tho. I don't bank with KEB):
ABA/Routing & Transit Number: 121202211
Account Type: Checking
Name of the Financial Institution:
Charles Schwab Bank
5190 Neil Road, Suite 100
Reno, NV 89502-8532 |
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shostahoosier
Joined: 14 Apr 2009
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| Posted: Tue Mar 09, 2010 4:26 pm Post subject: |
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AWESOME THANKS!
Yes I have the Schwab Brokerage/High Yield Checking, but Id rather use the brokerage account for the wire since Schwab will not charge me a fee for incoming wires.
Thanks again for your help! |
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RobertGR
Joined: 03 Jun 2009
Location: Daegu
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| Posted: Tue Mar 09, 2010 6:01 pm Post subject: |
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| shostahoosier wrote: |
AWESOME THANKS!
Yes I have the Schwab Brokerage/High Yield Checking, but Id rather use the brokerage account for the wire since Schwab will not charge me a fee for incoming wires. |
They haven't charged for wire transfers straight into checking for me. Saves me a step.
Somebody in the chain of transactions likes to eat an extra $20 though but I suspect that's because my bank does not have a US affiliate.
Glad to be of service. I first heard about Schwab bank on this forum. |
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