To wire money to a bank account, you need the receiving bank's name, the bank's routing number or ABA number, the payee's bank account number and any other pertinent information the receiving bank may require, according to Justin Pritchard for About.com. Obtain this information from the payee.Continue Reading
After you gather all this information, contact your own bank and inquire about the process for making wire transfers. Often, your bank has you fill out a paper form, but some banks allow you to conduct this process online, explains Pritchard. Your bank likely completes the transaction on the same day it receives all the required information, but the recipient may not have access to the money immediately. Receiving banks often have a list of wire transfers they have to process and confirm.
Financial services companies also have procedures to wire money to individual bank accounts, explains the official website of Western Union. These services offer people different options to pay for their wire transfers, including using a bank account, debit card or credit card or paying in cash at one of their locations. The same information about the receiving bank and recipient used for bank wire transfers is also necessary for these transfers.Learn more about Personal Banking