Scotiabank Receiving International Wire Transfer

Existing customers can send a scotia international money transfer from eligible canadian dollar accounts by signing in to online banking or scotiabank s mobile app. Scotiabank uses western union to send money transfers overseas and unlike many other banks doesn t offer wire transfers. For ultimate package customers and customers onboarded as a part of the scotiabank startright program we do not charge a service fee for the transfer however foreign currency exchange rates apply.

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There will also be a margin of around 2 5 added to the exchange rate so you ll pay more than you would with a specialist money transfer service.

Scotiabank receiving international wire transfer.

Whether your business sends a few or a few hundred wire payments a month this service ensures that scotiabank receives your online payment instructions safely and securely. Scotia international money transfer is a service that allows our canadian retail customers to send international money transfers directly to a recipient s bank account. International wire transfers can be 6x cheaper when you make international transfers with an alternative platform like remitr you are saving nearly six times the cost for one remitr does not use wires to make transfers so the process is. It can anywhere between 7 to 10 business days for scotiabank to complete an international wire transfer.

Scotiabank s personal customers can make outgoing international money transfers online through western union or you can arrange international bank transfers known as a wire transfer if you visit your branch in person. Our wire payments service lets you send wire payments quickly and conveniently online from your computer to anywhere in the world. Scotiabank exchange rates and fees. Transfers with western union cost 9 plus 1 of your transaction amount.

Terms and conditions found in scotiabank international money transfer agreement apply foreign currency exchange rates apply.