From ec665bbf269a8a1cdec96e171014415f8d973ba9 2015-02-03 21:31:05 From: Bradley M. Kuhn Date: 2015-02-03 21:31:05 Subject: [PATCH] Correspondent bank information requested. In a conversation with our bankers, they told me that many non-USA banks have correspondent banks in the USA they prefer to work with and it can avoid fees. --- diff --git a/Travel/conservancy-travel-policy.txt b/Travel/conservancy-travel-policy.txt index 7b1894b45c07c554a3e6c3a603fb8ff555e06852..4e4c7ed9f4350d10c889397406e149457f3e07fe 100644 --- a/Travel/conservancy-travel-policy.txt +++ b/Travel/conservancy-travel-policy.txt @@ -139,6 +139,13 @@ for Project approval: SWIFT and/or BIC Code (mandatory for non-USA wires) ACH or ABA routing number (mandatory for USA wires) + Correspondent Bank ACH and Name of that Bank + (This is not mandatory, but note that USA banks charge + fees during wire transit to direct an international + wire. Since Conservancy's payment is coming from the + USA, it's best if you ask your own bank what USA + correspondent bank they prefer for USA wire transfers. + This is the best way to avoid that fee.) Account Number (absolutely mandatory) Full Name of the Account Holder (absolutely mandatory) Full Address of Account Holder