How to receive an international wire transfer with Chase
You can receive incoming international wire payments to most Chase US accounts, but you won’t be able to get a wire to Chase if you have the Chase Secure Checking Account or the Chase First Checking Account. When you receive a payment to Chase, the money is converted to USD to be deposited, and a fee is deducted by Chase. Other costs may also apply.
Read our full guide to receiving incoming international wire transfers with Chase, to learn all there is to know. Plus, we’ve got a quick look at some Chase alternatives which could help you avoid some of the fees involved in receiving an incoming international wire – including Wise and OFX.
Key points: Chase receive international wire transfer
- You can receive payments from abroad to any Chase US account except a Chase Secure Checking Account or a Chase First Checking Account
- There’s a 15 USD fee for incoming wire payments, waived if the payment was sent from another Chase account
- Intermediaries known as correspondent banks may deduct fees while your payment is being processed
- International payments arranged by banks are normally send using the SWIFT network, and can take 3 – 5 days to arrive
- Alternative providers like Wise or OFX offer local account details in foreign currencies which let you receive payments quickly and conveniently, often with no incoming fee
| FAQs | Answers |
|---|---|
| Does Chase charge a fee to receive an international wire transfer? | Yes. There’s a 15 USD fee for incoming wire payments, waived if the payment was sent from another Chase account. |
| How long does it take to receive an international wire to Chase? | International wire delivery times vary from 1 to 5 business days depending on the specific payment, its value and where it originated. |
| Are there better alternatives to Chase for receiving international wire transfers? | With alternative providers like Wise or OFX you can get local account details to receive foreign currencies – often without any incoming payment fees. More on that later. |
How to receive an international wire transfer to Chase: Step-by-step instructions
You can receive an international transfer with Chase as long as you have an eligible account. When you’re sent money from abroad, the payment is converted from the foreign currency to USD by either the sending bank, an intermediary, or Chase. Exchange rates can include a markup.
Here’s a quick overview of the process to receive an incoming with With Chase:
Step 1: Give the sender your preferred Chase account information
The basic information needed by the person sending you a payment includes your name and address, your Chase account number, and the Chase SWIFT/BIC code. You can check your Chase account number and SWIFT code in your online or mobile banking, on a paper statement, or by calling into your local Chase branch.
Step 2: Agree who will pay the transfer costs
Chase has a 14 USD incoming payment fee in most cases. If you need to receive a fixed amount, you can ask the sender to cover the transfer costs, which can include fees paid to intermediaries. Otherwise, if fees are deducted as the transfer is processed you may get less than you expected in the end.
Step 3: Wait for the money to be deposited into your Chase account
The sender now needs to arrange the payment using their bank or a third party provider. Once the transfer has been processed it will be deposited into your chosen Chase account in US dollars. Transfer times vary a lot- usually from 1 business day to 5 business days.
Chase fees to receive an international wire transfer
There’s a charge to receive your Chase payment in some cases. Here’s an overview:
| Chase incoming international wire transfer fee | |
|---|---|
| Incoming wire transfer, which originated from another Chase account | Fee waived |
| Incoming wire transfer from any other bank | 15 USD |
| Currency exchange fee | A fee – known as a markup – may be included in the exchange rate used to convert your payment to USD for deposit i |
Alternatives to Chase to receive an international wire transfer
If your Chase account isn’t able to receive international wires – or if you’re looking for a way to receive a payment in a foreign currency, a Chase alternative might be a better option. Specialist providers can help, offering accounts which have foreign currency details you can use to receive incoming payments conveniently. Here are a few to consider:
| Wise | Revolut | OFX | |
|---|---|---|---|
| Eligibility | Personal and business customers | Personal and business customers | Business customers |
| Supported currencies for holding | 40+ including GBP, EUR and USD | 25+ including GBP, EUR and USD | 7 including GBP, EUR and USD |
| Local and SWIFT account details | Local account details in 8+ currencies, and SWIFT details available in 20+ currencies | USD and GBP local account details provided SWIFT account details available in select currencies | Local account details for 7 currencies |
| Fee to receive money | Often free with local account details 6.11 USD for USD wires 10 CAD for CAD SWIFT payments | No fee | No fee |
| Exchange rate | Mid-market rate | Revolut rate with no additional fee, to plan limit – fair usage and out of hours fees may apply | Exchange rates include a markup |
Wise
The Wise Account is available for personal or business customers, and can be used to receive, hold, send, spend and exchange a broad selection of currencies.
Your account offers ways to get paid in 20+ select currencies with local and SWIFT account details, often with no incoming payment fee.
You can then use your linked debit card to spend online and in person, with currency exchange which uses the mid-market exchange rate with low conversion fees from 0.33%.
You can also send payments to others from your Wise balance, or withdraw your money back to your USD bank account if you want to.
Business customers get similar perks to personal customers, plus some extras like batch payment solutions and cloud accounting integrations.
Learn more: How to receive money internationally with Wise
Revolut
Revolut offers digital accounts which support 25+ currencies, and which come with local USD and GBP account details to receive payments from abroad via local transfer.
You can also get SWIFT details to be paid to your account in a broader selection of currencies, although Revolut does warn that with these details some intermediary fees (which are not paid to Revolut, but correspondent banks involved in processing the payment) may apply.
Revolut personal customers in the US can choose from 3 different account tiers depending on needs, all of which come with a linked debit card and some no fee currency conversion every month.
OFX
If you need an account for your business, the OFX Global Currency Account is a popular option, with 7 currencies supported for receiving, holding and exchange.
Your account comes with local account details to take customers payments or to get paid through PSPs and marketplace sites in major foreign currencies. This makes it a good choice for online sellers working with international customers.
There’s no debit card with this account, but you can send or withdraw your funds whenever you want to – with no fee for outgoing transfers when you send money from your account.
Exchange rates include a small markup.
What information is needed to receive a wire transfer at Chase
The exact information needed to receive an incoming wire at Chase may depend a little based on the country the sender is based in. However, the basic details you’ll need are usually pretty similar, and easy to find:
| Information needed to receive an international wire transfer to your Chase account |
|---|
|
Chase SWIFT code for international transfers
The Chase SWIFT code is needed to make sure your money is deposited into the right account. It’s a unique identifier which guides the payment from the sender’s bank overseas to your Chase account in the US.
Chase uses the same SWIFT code for all incoming international payments, regardless of which branch your account is based in.
| Chase SWIFT code |
|---|
| CHASUS33 (incoming international payments)
|
How to find Chase SWIFT code
If you’re not sure of the correct SWIFT code for a particular Chase payment, you can find the code required in your online or mobile banking system, on an account statement, or by calling the bank directly.
Chase routing number to receive international wire
You won’t usually need a routing number to receive an international payment. Routing numbers are normally only used for domestic transfers which originate in the US. However, if you’re asked for a routing number, it’s good to know that Chase uses the same number for all incoming domestic transfers:
| Chase routing number |
|---|
| 021000021 (incoming domestic payments) |
Chase receive limits for incoming international wires
There’s not usually a limit on the amount of money you can receive as an incoming payment to Chase. However, the exact limits can vary depending on the specific account you have, so if you have a large payment on the way it may be worth checking with the bank directly to ensure there are no issues with receiving your money.
How long does it take for Chase to receive an international wire transfer?
The length of time it takes to receive a payment to Chase will depend a lot on the bank which is sending the payment in the first place. Generally banks use the SWIFT network to process international payments, which can take up to 5 days to process a transfer.
Once the payment has been received by Chase, it can take a further 24 hours for the money to be reflected in your account balance.
Alternative options, like Wise, might be quicker.
Wise payments often arrive instantly, and 90% are in the recipient’s account in 24 hours*. Wise has invested in its own payment network to process payments instead of using SWIFT, making the process more streamlined, cheaper and often faster.
How to track an incoming international wire transfer with Chase
Your sender should be able to track your payment once they’ve initiated the transfer. In most cases, banks and money transfer services will offer tracking options which the sender can see by logging into their account. You won’t be able to track the payment until the expected arrival date.
Chase advises that you get in touch with them if your money still isn’t in your account 24 hours after the date you expected it to arrive, so they can check their records.
What can you do if your transfer is not delivered yet
Chase recommends that you wait until 24 hours after your payment was expected before taking any action.
You can then double check with the sender that the payment was processed at their end, and call Chase on 1-800-935-9935 if it’s not reflecting in your account yet.
If you’re a Chase customers, our other guides might help:
Conclusion: Chase incoming international wire transfer
You can receive an incoming international wire transfer with most Chase accounts, but there are a couple of exceptions. If you have the Chase Secure Checking Account or the Chase First Checking Account you can’t receive a wire, and will need an alternative option.
If you have an eligible account and receive a Chase incoming wire, it’s important to know that there’s a 15 USD fee which applies to all payments except those which originated from another Chase account.
If you’re expecting an international transfer you might find you can get a more flexible service with lower costs, from an alternative provider. Services like Wise and Revolut offer multi-currency accounts which have their own local or SWIFT account details you can use to receive payments in foreign currencies. This can often mean the payment is cheaper for the sender, and it may also be free or cheap for you to receive.
Once you have your payment in a foreign currency you can hold the balance as it is, or convert to USD for spending here at home. Use this guide to Chase incoming international wires to decide which is the best option for your upcoming payment.
