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Click ‘Get Form’ to open the Incoming Wire Transfer and ACH Instructions for YYGS Programs in our editor.
Begin by entering the Bank Name, which is 'Bank of America', along with the address provided: '100 W 33rd Street, New York, NY'.
For wire transfers, input the ABA Number '026009593' in the designated field. If you are completing an ACH transfer, use either '011900254' or '011900571' as your ABA Number.
If applicable, include the SWIFT Number 'BOFAUS3N' for international transfers.
Fill in the Account Title as 'Yale University' and enter the Account Number '0050296726' for all wire transfers. For ACH transfers, use the same Account Number.
In the Reference section, ensure you write: 'Yale Young Global Scholars Program – PTAEO 1015102.2016.0061CC.E.530006', along with your full name and application reference number.
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What information is needed for an incoming wire transfer?
What wire transfer information is required for bank-to-bank transactions? Recipient full name. Sender full name. Recipient phone number. Sender phone number. Recipient address. Recipient bank name and information. Recipient checking account information.
How to do an ACH or wire transfer?
Send a domestic wire transfer Log in to Online Banking. Select Pay Transfer to get started. Select Wire/ACH. If this is your first time using this service, read and accept the Service Agreement to enroll. To send money to someone new, select Add Account/Recipient.
Are wire instructions the same as ACH instructions?
Wire transfers are direct, generally immediate transfers between two financial institutions. ACH transfers, meanwhile, pass through the Automated Clearing House and can take up to a few business days.
Are wire and ACH details the same?
ACH and wire transfers are both electronic payments that work in similar ways but with different timelines and rules. Wire transfers are direct, generally immediate transfers between two financial institutions. ACH transfers, meanwhile, pass through the Automated Clearing House and can take up to a few business days.
Are ACH instructions the same as wire instructions?
Processing Time: ACH transfers are processed in batches and typically take 1-3 business days. Wire transfers, by contrast, are processed individually and are often completed within the same day. Cost: ACH transfers are generally free or have minimal fees, making them suitable for frequent, low-cost transactions.
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FRAUD WARNING: (Not Applicable in AZ, FL, MD, OR, VA): Any person who knowingly and with intent to d
In order for you (the recipient) to receive the funds, the sender needs to know: Your full name, as it appears on the account. Your full account number. For domestic wires, your routing number. For international wires, they need to use a Swift Code instead of the routing number. The address for incoming wire transfers is:
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Incoming Wire Transfer and ACH Instructions for YYGS
Please use the following information when transferring funds to Yale University: Bank Name: Bank of America. 100 W 33 rd. Street. New York, NY. ABA Number:.
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