International wire transfer limits: US banks and providers

Gabriela Peratello

15.06.22 (updated more than 1 year ago)

3 minute read

If you need to make or receive a high value payment you’ll probably want to know what limits are in place from your bank or payment provider — and any other relevant bodies like the IRS.

This guide rounds up the typical international wire transfer limits for US banks and providers to help guide you through the process of sending a high value transfer.

International money transfer limit: IRS

The IRS doesn’t place limits on the amounts of money being sent, but there are reporting requirements for payments valued at 10,000 USD or more — or individual payments made within a short period which in total add up to over 10,000 USD.

The good news is that the reporting requirement usually sits with the bank or international money transfer provider, rather than the individual making or receiving the payments.

Read further: international wire transfer regulations

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Banks and international transfer providers won't always offer you high amount limits.

If you're looking to send money abroad and not worrying about setting up multiple transactions while doing so, you should definitely take a look at Wise.

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Send up to 1,000,000 USD per wire transaction Track and manage all your payments with the Wise app or website Make sure you're money is safe, as Wise is regulated by FinCEN and other international financial regulators Get the mid-market exchange rate — the one you see on Google — for all your transactions

With Wise you can

Send up to 1,000,000 USD per wire transaction

Track and manage all your payments with the Wise app or website

Make sure you're money is safe, as Wise is regulated by FinCEN and other international financial regulators

Get the mid-market exchange rate — the one you see on Google — for all your transactions

🚀 Get started with
high amount transfers

International transfer limits: US banks

While the IRS may not put specific limits in place for most international payments, your bank will almost certainly have its own limits, terms and conditions you need to comply with.

Ultimately how much you can send depends on your account type, and the specific details of your payment — here’s a roundup of the international wire limits for some popular US banks.

Bank	International wire transfer limits
Bank of America¹	Online transfers capped at 1,000 USD per transfer for personal account holders, 5,000 USD per transfer for businesses The Bank of America international wire transfer limit for in branch transfers may be higher, depending on your account type
Chase Bank	The Chase international wire transfer limit can vary depending on account type — typically Chase Private Client and Chase Sapphire customers have the highest limits
Wells Fargo²	Wells Fargo international wire transfer limits for online payments are set by account type — you can raise your online limit, or send a higher value payment, by calling into a branch Express Send limits vary by country, pay out method and specific bank or provider selected
PNC	PNC international wire transfer limits are based on your account type — details are available by visiting a branch
Charles Schwab³	The Charles Schwab international wire transfer limit is 100,000 USD per day
US Bank	The US Bank international wire transfer limits vary according to your account and can not be changed — see your dollar limits online or in the US Bank mobile app
TD Bank	International wires are only available by visiting a TD bank branch — the customer service staff will advise you of applicable limits
HSBC⁴	200,000 USD per day for online payments — you may be able to send more if you can visit a branch

International wire transfer limits: money transfer providers

Banks aren’t your only option when it comes to international transfers. Often specialist services can get your money moving faster and for a lower fee.

Lets see how the limits in place with some popular international money transfer services compare.

Provider	International transfer limits
Wise	When sending USD with Wise the limit is 1,000,000 USD per transaction. You can make multiple transfers throughout the same day
MoneyGram⁶	International payment limits apply, but are not published. Limits vary according to payment type and market conditions.
Revolut⁷	No limits apply in most cases when sending from the US — sending to Japan has a 1 million JPY transfer limit
PayPal⁵	The PayPal international money transfer limit depends on your account status. You can send up to 60,000 USD with a verified account, but may be limited to 10,000 USD per transfer. Unverified accounts can only send smaller amounts, which vary based on transfer type.
Western Union⁸	The Western Union international transfer limit for unverified accounts is 3,000 USD. Verified account holders can send 50,000 USD

How are international wire limits determined?

In most cases the maximum amount you can send internationally will be determined by the bank or international money transfer service you choose to use.

Limits can vary according to a number of factors including:

The type of account you have with the provider How you typically use your account The country and currency you’re sending money to Laws in the destination country The provider’s own minimum and maximum send policies

Sending an international wire? Check our full guide to routing numbers

Sources:

Bank of America - Online banking agreement
Wells Fargo - Express send
Charles Schwab - Transfer terms and conditions
HSBC- Global transfers
PayPal - Transfer limits
MoneyGram - FAQ
Revolut - FAQ
Western Union - FAQ

Sources checked on 06.15.2022

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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

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