International

International
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Wire Transfers

We offer international investors our Schwab Foreign Currency Wire Transfer Service. Here are some of the benefits of using Schwab to transfer money.

Lower Costs

At Schwab, we offer competitive exchange rates for your money, which means more available for investing.

Faster Credits

Unlike bank transactions that often delay credits to your account, Schwab credits funds the same day they are received1.

A Wide Selection of Currencies

We accept wired deposits in foreign currency and automatically convert them to U.S. dollars with no wire acceptance fees2. We can also wire money from your Schwab account to the wire-receiving institution of your choice so you can use funds to make purchases or investments in local currencies.

Statement Consolidation

We help keep track of transactions by automatically deducting outgoing wire fees from your Schwab account and documenting transactions on your regular Schwab statement.

Convenience

All it takes to start the exchange is a single phone call. We help manage the process from initiating the transfer to coordinating with the receiving bank.