Sending money by wire transfer
A wire transfer to a bank account outside Paysavo typically needs an account number plus a SWIFT/BIC code (or an IBAN for a euro-area recipient) — Paysavo validates the format of these before you send, and looks up IBAN details where available.
On this page
A wire transfer sends money to a recipient's bank account using their bank's international identifiers, rather than a domestic-only routing number. Depending on the recipient's country, Paysavo will ask you for one of:
- Account number + SWIFT/BIC code — the standard shape for a US or internationally-routed wire.
- IBAN — for a recipient in a country that uses IBANs (for example, within the SEPA/euro area).
What Paysavo checks before you send
- A SWIFT/BIC code must be 8 or 11 characters in the standard bank-code format; Paysavo rejects an obviously malformed code before submitting the wire.
- An IBAN must match the standard IBAN shape (two letters, two check digits, then the country-specific account identifier). When you enter one, Paysavo also looks it up against an IBAN validation service so you can see the matching bank details before you confirm.
- These checks catch a malformed number (wrong length, wrong characters) — they do not confirm the account belongs to the person you intend to pay. See the guide on common beneficiary-detail mistakes for the difference.
After you send
Like ACH and EFT, a wire transfer is submitted rather than completed instantly — settlement is confirmed by the network afterward, not the moment you tap send. If a wire is returned by the receiving bank after being sent, see the guide on returned/bounced bank transfers.
Still need help? Contact Paysavo support.