Treasury Management Solutions International Wire Transfer ...

1 Treasury Management SolutionsInternational Wire Transfer GuideEffective as of March 7, 2016 International Wire Transfer GuideContents1 Introduction2 Key Reference Terms4 Overview of Payment Instruction Requirements by Country 4 Americas 5 Asia 6 Europe 8 Middle East and Africa10 Additional Payment Instruction Requirements by Country12 Purpose of Payment Codes 12 Brunei 16 China 17 India 22 Jordan 25 Russia 32 United Arab EmiratesInternational Wire Transfer GuideInternational Wire Transfer Guide 1 Welcome to Capital One s International Wire Transfer service. Please use this guide to help you make timely and accurate payments to beneficiaries around the world. If you have questions along the way, please contact our Treasury Management Client Services team at 1-866-632-8888 or in mind, payment formats and information are subject to constant change.

2 As global payment systems and political climates evolve, we recommend you obtain specific payment formatting instruc-tions from your intended recipient or a source published by the payment destination StartedTo begin making International wire transfers, you ll need to have the basic identifying information shown below. Additional information may be required by Have the Following Information Ready Ordering account number and the sender s account to be debited Full beneficiary name - do not use initials, which may delay receipt of funds Beneficiary address Beneficiary telephone number Beneficiary account number Beneficiary s full bank name, bank address, SWIFT Bank Identifier Code (SWIFT BIC), and branch identifier if required If the wire is being initiated on behalf of a third party, you ll need the third party s name and address International Bank Account Number (IBAN), if requiredAdditional Information That May Be RequiredAdditional information requirements vary by country.

3 Examples include the beneficiary s telephone number, the beneficiary s Tax ID, the purpose of payment description, etc. Please check with your recipient to ensure you are providing all of the information BankIntermediary banks are often used when a payment is made in a currency that is different from the local currency. When making a payment through an intermediary bank, you must include the interme-diary bank s SWIFT Intermediary Bank is typically obtained from the Beneficiary Bank as their preferred routing bank. You can contact your intended recipient to obtain the name of this bank and its SWIFT banks that process payments charge a fee to cover their processing costs. These fees are known as Beneficiary Deduction Bene Deduct fees and are in addition to the wire Transfer initiation fee. Because not all intermediary banks between the Originator and Beneficiary are known when the wire Transfer is initiated, the sum of all fees cannot be determined until after the wire Transfer has been completed.

4 International Wire Transfer Guide 2 Key Reference TermsCut-off Times to Send InstructionsFor same-day processing, all outgoing International wire Transfer instructions must be received before 5 intended recipient of your BankThe bank of the Beneficiary where your payment will be BankThe routing bank preferred by the Beneficiary Bank. Using the correct Intermediary Bank streamlines cross-border hand-offs between Banks in Your Payment InstructionSWIFT BIC (Bank Identifier Codes) are required for all International wire transfers. To optimize the payment process, you should also include the SWIFT BIC of the Intermediary Bank suggested by your recipient s BIC (Bank Identifier Code)The SWIFT Bank Identifier Code is a unique series of 8 or 11 alpha numeric characters that identifies a specific financial institution and its branch.

5 This code is used to ensure automated and accurate identification of financial institutions within payment systems when a message or money is transferred. Your Beneficiary can provide you with the SWIFT BIC. Most SWIFT BICs use only the 8 character head office version, but some require the additional 3 characters that designate a specific branch location. To ensure timely delivery, your instructions for International outgoing wires should include the SWIFT BIC for the Beneficiary Bank and Intermediate Bank (if needed) in the designated instruction fields. IBAN ( International Bank Account Number)The IBAN varies by country. Sending a wire to a participating country without the IBAN can delay the wire, or the receiving bank may reject the wire when the IBAN is not included in the (Clave Bancaria Estandarizada)The CLABE is a banking standard for the numbering of bank accounts in Mexico.

6 The CLABE account code has 18 (Single Euro Payments Area)The creation of the Single Euro Payments Area (SEPA) is a European Union public authorities integration initiative in the area of electronic euro payments. The SEPA zone is comprised of 34 countries, including Switzerland and Liechtenstein. SEPA eliminates differences between national and cross-border payments for certain transactions denominated in Wire Transfer Guide 3 Purpose of PaymentWire transfers to countries such as Brunei, China, India, Jordan, Russia, the United Arab Emirates, and others require a purpose of payment description. Certain countries have set specific codes for each purpose of payment. Other countries require that the purpose of payment be clearly identified via a brief description of up to 35 characters. Codes and descriptions are detailed in this guide.

7 Description examples include payment on exported goods, payment on computer services, foreign direct investment, and salary to of Payment CodesIn addition to standard payment requirements, central banks in certain countries require specific codes to be included in the payment instruction. These codes are used to advise the government of the receiving country on why the payment is being made, to help route payments, and to identify beneficiaries Wire Transfer Guide 4 AmericasCountry of PaymentCurrencyCurrency CodeBank Account NumberPurpose of PaymentAdditional RequirementsArgentinaPesoARSR equired - free form3 ArubaFlorinAWGB ahamasDollarBSDR equired - free form3 BarbadosDollarBBDB elizeDollarBZDB ermudaDollarBMDB oliviaPesoBOBB razilRealBRLIBANR equired - free form3 CanadaDollarCADR equired - free formCayman IslandsDollarKYDC hilePesoCLPR equired - free form3 ColombiaPesoCOPR equired - free formCosta RicaColonCRCIBANR equired - free form3 Dominican RepublicPesoDOPIBAN OptionalRequired - free form3 East CaribbeanDollarXCDEl SalvadorColonSVCF rench GuianaEuroEURIBANG uadeloupeEuroEURIBANG uatemalaQuetzalGTQIBANR equired - free form3 GuyanaDollarGYDH ondurasLempiraHNLR equired - free form3 JamaicaDollarJMDM

8 ArtiniqueEuroEURIBANM exicoPesoMXNCLABE**3 Netherlands AntillesGuilderANGN icaraguaCordobasNIOP araguayGuaraniPYGR equired - free form3 PeruNuevo SolPENS aint BarthelemyEuroEURIBANS aint MartinEuroEURIBANSint MaartenGuilderANGT rinidad and TobagoDollarTTDU nited StatesDollarUSDR equired - free form3 UruguayPesoUYUR equired - free form3 Virgin Islands, BritishDollarUSDIBAN*Purpose of Payment should be clearly identifi ed via a brief description of up to 35 characters. Refer to this guide for formatting of country-specifi c codes.** Clave Bancaria EstandarizadaInternational Wire Transfer Guide 5 AsiaCountry of PaymentCurrencyCurrency CodeBank Account NumberPurpose of PaymentAdditional RequirementsAustraliaDollarAUDR equired - free form3 BangladashTa k aBDTB runeiDollarBNDR equired - codes3 CambodiaRielKHRC hinaYuan RenminbiCNYR equired - codes3 FijiDollarFJDF rench PolynesiaCFP FrancXPFIBANHong KongDollarHKDI ndiaRupeeINRR equired - codes3 IndonesiaRupiahIDRR equired - free formJapanYe nJPYK azakhstanRielKZTIBANR equired - free formMacaoPatacaMOPM alaysiaRinggitMYRR equired - free form3 NepalRupeeNPRNew CaledoniaCFP FrancXPFIBANNew ZealandDollarNZDP akistanRupeePKRIBANR equired - free formPapua New GuineaKinaPGKP hilippinesPesoPHPR equired - free form3 SingaporeDollarSGDR equired - free form3 Solomon IslandsDollarSBDS omoaTalaWSTS outh

9 KoreaWonKRWR equired - free form3 Sri LankaRupeeLKRT ahitiFrancXPFR equired - free formTaiwanDollarTWDR equired - free form3 ThailandBahtTHBR equired - free formTongaPangaTOPV anuatuVatuVUVV ietnamDongVND3 Wallis and Futuna IslandsCFP FrancXPFIBAN*Purpose of Payment should be clearly identified via a brief description of up to 35 characters. Refer to this guide for formatting of country-specific Wire Transfer Guide 6 EuropeCountry of PaymentCurrencyCurrency CodeBank Account NumberPurpose of PaymentAdditional RequirementsAlbaniaLekALLIBANA ndorraEuroEURIBANA rmeniaDramAMDA ustriaEuroEURIBANB elgiumEuroEURIBANB osnia and HerzegovinaConvertible MarkBAMIBANR equired - free form3 BulgariaLevBGNIBANC hannel IslandsPound SterlingGBPIBANC roatiaKunaHRKIBANR equired - free formCyprusEuroEURIBANC zech RepublicKorunaCZKIBAND enmarkKroneDKKIBANE stoniaKroonEEKIBANE urozoneEuroEURIBANR equired - free formFinlandEuroEURIBANF ranceEuroEURIBANG eorgiaLariGELIBANG ermanyEuroEURIBANG ibraltarPoundGIPIBANG reeceEuroEURIBANH ungaryForintHUFIBANI celandKronaISKIBANI relandEuroEURIBANIsle of ManPound SterlingGBPIBANI talyEuroEURIBANL atviaLatsLV LIBANL

10 IechtensteinFrancCHFIBANL ithuaniaLitasLTLIBANL uxembourgEuroEURIBANM acedoniaDenarMKDIBANM altaEuroEURIBANM oldovaLeuMDLIBANM onacoEuroEURIBANM ontenegroEuroEURIBANN etherlandsEuroEURIBANN orwayKroneNOKIBAN*Purpose of Payment should be clearly identified via a brief description of up to 35 characters. Refer to this guide for formatting of country-specific Wire Transfer Guide 7 Country of PaymentCurrencyCurrency CodeBank Account NumberPurpose of PaymentAdditional RequirementsPolandZlotyPLNIBANP ortugalEuroEURIBANR omaniaLeiRONIBANR ussiaRubleRUBR equired - free form3 Saint Pierre et MiquelonEuroEURIBANSan MarinoEuroEURIBANS erbiaDinarRSDIBANS lovac Republic (Slovakia)EuroEURIBANS loveniaEuroEURIBANS painEuroEURIBANS wedenKronaSEKIBANS witzerlandFrancCHFIBANT urkeyLiraTRYIBANR equired - free formUkraineHryvniaUAHU nited KingdomPound SterlingGBPIBAN*Purpose of Payment should be clearly identified via a brief description of up to 35 characters.