I need to make a wire transfer (from the USA) to an international bank in the next 3 business days. They specifically ask for an MT 103 receipt, so I don't think alternatives to SWIFT will work.
I checked my bank's website and it says international wire transfers can take up to 10 days. Is there some way I can speed up the transfer? Is there a bank or company that's known to make international wire transfers faster?
Generally the amount of time to complete a SWIFT wire transfer is rarely up to the sending bank. If you're transferring from a large bank directly connected to the SWIFT network (no intermediaries on the sending side), then it gets to the destination when it gets there. Banks usually send wires out on a daily basis, with cut-off somewhere in the afternoon (Eastern time).
The banks say it can take up to 10 days precisely because there's little they can do about the rest of the system. Usually it takes less, but you can never know.
