Foreign Wires FAQ

$50 USD. Wire transfer payments are manual and require multiple resources to process regardless of the dollar amount. UC San Diego also incurs a per wire transfer fee plus the payee may get charged an incoming wire fee from their receiving bank. Due to these considerations we do not process payments under $50 USD.

No, they can only be submitted directly from the department through Services & Support. 

Once your department submits a wire request via Services & Support and the request is approved by the Financial Unit approver, the request routes to the payment processing teams and the wire will usually be received by the payee within a week.

A wire payment should appear in your department's ledger within 7 business days of receiving notice that your wire request has been completed and closed. In times of high demand such as fiscal close, this timeline may be extended.

An employee within the BUMT, fund manager, MSO/DBO, anyone appointed as authorized by the department.

No. Unfortunately, we are not provided a tracking number by our financial partner at the time of wire issuance. If you need a payment confirmation number, also known as a TRN, Payment Services can provide this once the wire is issued.

Once you receive response that the wire has been issued, you may request the TRN by commenting on your wire request, or opening a case with Payment Services at support.ucsd.edu

Wire transfer payments cannot easily be retracted, reversed or cancelled. Please ensure all wire transfer requests are valid prior to submitting a request. If a payment is made in error, return of the funds is not guaranteed and the department is responsible for the loss.

The department will need to submit a Services & Support case to request the check be canceled. Once the check has been canceled, you may submit the wire request form.

The department needs to contact the payee immediately to request they either decline from accepting the funds into their account OR ask the payee to send the funds back to UC San Diego. Department is responsible for all fees incurred (submit a Services & Support case for further assistance).

The ABA (American Bankers' Association National Numeric System) routing number is a unique, 9-digit identifying transit number assigned to each bank.

The IBAN (International Bank Account Number) is a series of alphanumeric characters that uniquely identify an account held at a bank. It can be up to 34 characters long and contains at least one 2-character country code, 2 check digits, and the basic bank account number. The basic bank account number identifies the bank as well as the account holder. In printed format, spaces are inserted for readability (e.g., DE16 5003 3300 0532 0130 00).

The BIC (Bank Identifier Code) is an 8-character code also known as the SWIFT address and is uniquely assigned to banks. Branch codes can be added to the BIC to further designate which branch of a bank should receive the SWIFT message. When a branch code is added, the BIC has 11 characters (e.g., BARCGB22 or DEUTDE3B400).

The Australian BSB (Bank/ State/ Branch) code is a 6-digit code that precedes the actual bank account number. The first 3 digits represent the bank institution code, and the last 3 digits represent the actual branch code for the beneficiary account. The BSB code is required for all wires going to Australia.

The CLABE (Clave Bancaria Estandarizada) is a banking standard for the numbering of bank accounts in Mexico. This standard is a requirement for the sending and receiving of international transfers since June 1, 2004. The CLABE account code has 18 digits which always contains the payee's bank account number. The CLABE code is required for all wires going to Mexico.