Can a U.S. bank decline to process an international wire transfer?

Asked Nov 11, 2012· 1 answer ·Restricted Jurisdictions, Sanctioned Jurisdictions
Faisal KhanAnswered Nov 11, 2012
Interesting questions, so here is what might/might-not be possible.

You bank could refuse to send a wire if...

  • International (Banking) Wires is something they just don't do
  • The country you wish to send it to, is on the Embargo List
  • The name appears on the OFAC list (Sender &/or Receiver)
  • They do not have a direct or indirect banking relationship to send a wire to the country you are asking for.
  • You (as the account holder) have a Risk &/or Compliance issue with the bank.

Other than these reasons (I'm sure there might be more), your bank cannot refuse you are service if it is being offered.
International Wire TransfersSWIFT TransfersLarge International Transfers Restricted JurisdictionsSanctioned Jurisdictions
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