A For Further Credit (FFC) payment is a transfer where the money is sent to the final beneficiary’s bank account via an intermediary bank.
Unfortunately, we cannot send FFC payments where the final beneficiary account is based outside of the US. If this is the case, then the payment will bounce back or be stuck in the intermediary bank.
FFC payments where the final beneficiary is in the US are also not recommended via TransferWise as these often need to be sent by Wire, and all of our USD payouts are made via the ACH network or SWIFT.
If a domestic FFC payment is the only option, we remind you to make sure the below example requirements are met.
John has an account in a small bank in the US — Bank A.
Bank A processes its payments via a bigger bank in the US — Bank B.
So for John to receive money to his account in Bank A, he needs to enter the recipient details as following:
Recipient’s name: Bank A
Recipient’s account: Bank A’s account in Bank B
Recipient’s ABA: Bank B’s electronic routing number
Payment reference: John’s account number in Bank A*
If you want to send money to a US bank account using an intermediary bank, please check the following: