American BACS

[darmstadt]

My invoices to the USA have my bank, account number, sort code, SWIFT (BIC) and IBAN numbers on them and never had a problem. USAian companies are a bit strange sometimes in paying, the current one, a very large service company could only pay by check which costs me a fair bit. A few moons ago I used to get paid bi-weekly by cheque drawn on a Las Vegas bank for varying alrge amount of sums which used to get me some strange looks at the bank when paying in

[Badger]

Thanks. IBAN was what I was thinking of.

[blacjac]

I've invoiced to companies in the States before.
As above I gave them my banks SWIFT code and my accounts IBAN number and all was fine, payments took around 5 business days to clear.

PZZ, I suggest you find someone else to deal with at Citibank, in my experience they have been fine .

[Moscow Mule]

OK I can only go with my experience of being a Citibank US customer for the past 17 years, never found anyone there that knows what an IBAN number is.........

PZZ

* crosses Citibank off list of potential multi-currency bankers *

[pzz76077]

I'm assuming he wants to be paid into his account here (in the UK)?

In which case, his American friends should quote his IBAN when sending the MT103 via SWIFT, otherwise the bank might cock up the crediting of his account - as has happened to me when quoting just an account number/sort code.
Yanks tend not to know what to do with the sort code and get it wrong so if you use an IBAN (which is unique) they generally get it right.

Regardless of what Yahoo answers tells you, I can assure you that American banks know what an IBAN is.

OK I can only go with my experience of being a Citibank US customer for the past 17 years, never found anyone there that knows what an IBAN number is.........

PZZ

[Moscow Mule]

American banks dont use the IBAN system generally.

http://answers.yahoo.com/question/in...6152806AAsp9YS

PZZ

I'm assuming he wants to be paid into his account here (in the UK)?

In which case, his American friends should quote his IBAN when sending the MT103 via SWIFT, otherwise the bank might cock up the crediting of his account - as has happened to me when quoting just an account number/sort code.
Yanks tend not to know what to do with the sort code and get it wrong so if you use an IBAN (which is unique) they generally get it right.

Regardless of what Yahoo answers tells you, I can assure you that American banks know what an IBAN is.

[pzz76077]

IBAN - if you don't want them to get it wrong.

American banks dont use the IBAN system generally.

http://answers.yahoo.com/question/in...6152806AAsp9YS

PZZ

[Moscow Mule]

SWIFT generally.
You will also need your routing number- 9 digit number from the bottom of your cheques.

PZZ

IBAN - if you don't want them to get it wrong.

[pzz76077]

SWIFT generally.
You will also need your routing number- 9 digit number from the bottom of your cheques.

PZZ

[Badger]

I may be paid from the US for a few months, what's the American version of BACS called? I could use paypal but they charge 4%.