Countries Requiring a Reason

Description

In order for the Bank to process Wires Payments to specific countries for Payment to Customer, a reason for sending the payment must be provided.

The following table details those countries that a Reason for Payment MUST be provided in the Reason for Payment field.

To avoid any potential delays, you may want to enter a reason for payment on each and every wire payment you submit. Customers have the ability to add/modify the reason for payment in the Reason for Payment field each time a payment is submitted to us.

List of Countries that Require a Reason for Payment in the Reason for Payment Field

Country Country Code ARUBA AW BERMUDA BM BOLIVIA, PLURINATIONAL STATE OF BO CONGO THE DEMOCRATIC CD EGYPT EG GEORGIA GE GUINEA GN HUNGARY HU INDIA IN INDONESIA ID IRAN IR ISRAEL IL JORDAN JO LIBERIA LR MADAGASCAR MG MALAYSIA MY MAURITIUS MU MONGOLIA MN

Country Country Code NEPAL NP NICARAGUA NI PAKISTAN PK POLAND PL RUSSIAN FEDERATION RU RWANDA RW SAUDI ARABIA SA SERBIA RS SIERRA LEONE SL SINGAPORE SG SOUTH AFRICA ZA SRI LANKA LK SYRIAN ARAB REPUBLIC SY TAIWAN, PROVINCE OF CHINA TW THAILAND TH TRINIDAD AND TOBAGO TT TURKMENISTAN TM U.A.E. AE UKRAINE UA