I am used to wiring funds through SEPA by using IBAN and BIC codes. I just learned that these can't be used to electronically transfer money from the US to the EU.
My bank provided me with 4 codes:
- bank code (e.g. AAAAA1AAAA)
- routing number (e.g. 123456789)
- IBAN Code
- BIC code
According to my bank this should be enough to successfully transfer money from the US to the EU.
Will providing these numbers be sufficient for the wire transfer? Is there a common template that all wiring instructions follow?