Offshore Bank Wire
Offshore Bank Wire is a site dedicated to unraveling the mysteries represented by the electronic blips known as bank wires.
When wiring money electronically to someone internationally, overseas, or “offshore”, the process is somewhat different than when wiring money domestically. While the differences between an international bank wire and a domestic wire transfer are esoteric to most who are not international or offshore bankers, these differences are critical to understanding:
- what can go wrong with an offshore wire transfer
- what are the primary causes of expensive delays in receiving an international wire transfer
- what are the extra fees you should expect when sending an offshore wire and when are you being ripped off
- what do you do if your overseas wire transfer is “lost” or hasn’t arrived at its destination in a meaningful amount of time
- how does sending an offshore bank wire open you up to potentially an invasion of your financial privacy, and more importantly, how can you avoid it?
We will be updating this site periodically with articles and information to guide you through the process of sending your money offshore