Sending a Wire Transfer when Buying Real Estate in Park City
Posted by Derrik Carlson on
Verify Before You Wire!
Wiring funds before closing is very important. If funds are not wired on time, it could delay your closing and possibly create a breach of contract situation. Below you will find the common items to wire money. Please remember that every situation and financial institution could have a different set of rules so it is best to ask twice and wire once.
Visit your bank or credit union and provide the following information.
- Your name and address
- Your account number
- Valid Identification
- Contact information for the institution of where you are sending the funds (you may be asked for a SWIFT code)
- Routing number and account number for who will be receiving the funds
- Often financial institutions will ask the…
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