No need to pay the higher exchange rates - or wait the extra time. A convenient service to make deposits, or wire funds
With Schwab Foreign Currency Wire Transfer Service, our competitive rates, lower costs and faster credits can save you money.
Lower Costs
At Schwab, our competitive exchange rates are generally lower than those charged by banks. Lower rates and fees are like earning a higher return on your investments. Less of your money goes to expenses and more is available for investing, buying property abroad or sending to your family.
Faster Credits, Time Advantage
Unlike bank transactions that can often delay credits to your account, Schwab credits funds the same day they're received1.
Make Deposits, Wire Funds
Schwab accepts wired deposits to your account in foreign currency and automatically converts them to U.S. dollars. There are no wire acceptance fees on deposits - we only charge our very competitive exchange rate.
We can also wire money from your Schwab account to the bank or wire-receiving institution of your choice. This makes it easy to use funds from your Schwab account to make purchases or investments in local currencies.
We Do It All
Because Schwab manages it all - your account, the wires and the currency conversions - you can start the exchange and transfer process with a single phone call.
If you're sending money to family abroad, making foreign investments or purchases, or depositing foreign currency into your Schwab account, we can probably save you money.
Consolidated Statement
Keeping track of transactions is easy too. Any outgoing wire fees are automatically deducted from your Schwab account and transactions are documented on your regular Schwab statement.
1 Deposits to your Schwab account must be received by 6p.m. U.S. Eastern Time for same-day credit, except U.S. holidays. Schwab cannot guarantee that the receiving bank will post the wired funds for the same day credit. Please allow a minimum of two business days to wire funds outside the U.S. Schwab may also verify the instruction with the receiving bank.
(0809-10498)
Contact Us Now
In the U.K. 0800 917-1039
In Switzerland 0800 56-3821
Visit Schwab's London
Investor Centre
10 King William Street,
London EC4N 7TW,
United Kingdom
Office Hours:
Monday - Friday, 09:00 - 18:00
Request a brochure on the range of services provided by Schwab
Call 0800 917-1039 (U.K.)
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