Transferring USD from EU to USA with Wise
Posted by NemJo64@reddit | expats | View on Reddit | 9 comments
Hi all, I’m currently in the EU (where I set up my Wise account) and I have USD in Wise that I am trying to send to my US bank account (Wells Fargo).
My WF account only gives me a Swift code for international wires, but Wise tells me they don’t support Swift payments in USD to the US when I go to try to initiate the payment.
The only other two options are ACH and a wire transfer. I’m not sure how to find my ACH routing number, and I don’t think I can go the wire transfer route since the only code I have for international wires is the Swift code.
Anyone have an answer for this?
Thank you!
i-love-freesias@reddit
You can find your ACH transfer numbers in your bank accounts. On Wise app, as I recall, you click on your USD balance and you should get an option to see account info with routing and account details.
dmada88@reddit
Google is your friend https://www.wellsfargo.com/help/routing-number/ tells us the routing code for an ach xfer is 121000248
NemJo64@reddit (OP)
But that’s for a source within the US, correct?
dmada88@reddit
And wise sends it from their US bank - exactly. That’s why they don’t want to do swift. An ach transfer is fast and costs little.
NemJo64@reddit (OP)
Ah this is the information I was missing. Thank you very much!
dmada88@reddit
The wise us account is housed at: Community Federal Savings Bank 89-16 Jamaica Ave Woodhaven NY 11421 United States
dmada88@reddit
Just to be clear - the way to do it is to open a us$ account with wise first. Transfer the eur to your own usd account. Then transfer to the US Wells Fargo. That way you get the best rate and save on fees. You don’t want to try to send fro your eur account.
NemJo64@reddit (OP)
Thank you! I’ve already converted the currency to USD in Wise - just needed to figure out how to send it
AutoModerator@reddit
Based on keywords in your post, it looks like you might be asking for help transferring money between countries. There are a couple of popular options. Wise supports more currencies, but may be more expensive than Atlantic. Both offer reasonable rates and have been used by members of the community to transfer large amounts (in excess of $100K USD). Please do your own research to decide what is best for you. Note that Atlantic also has a comparison tool and is better value the more you are transferring.
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