PAYMENT FORMATTING GUIDE(FEDWIRE) – USD INTERNATIONAL WIRES Global Payment Services

Agenda  International Routing Instructions and Payment CutOff Times  International Wire Formatting Guidelines – BTR (Bank Transfer) – CTR (Customer Transfer)

 International Customer Care – Fed service message guidelines − Investigation Initiation guidelines

 Frequently Asked Questions Review THIS APPLIES TO USD INTERNATIONAL WIRES ONLY 1

General Instructions This guide was built to assist you in transmitting your cross-border International payments through Wells Fargo via your USD International account. USD International Account Routing Instructions Wells Fargo Bank FED ABA: 026005092 CHIPS ABA: 0509 SWIFT BIC: PNBPUS3NNYC Cutoff Times Third Party Payments (Commercial and Consumer- Type Code 10) are only accepted until 6:00pm ET We recommend you send Third Party Payments prior to 5:45pm ET to allow for repairs

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Fedwire Formatting –Field Requirement Outline

Fedwire Instructions to be sent to Wells Fargo’s dedicated ABA 026005092 (USD Int’l wires only)  {1510} Type – All customer transfers should be

{1510} Type/Subtype Code:10 00

coded as type code 10 (10 00)  {3600} Business Function:

{1520} IMAD:

*Only CTR transactions fall within the DF-1073 scope.

{2000}: Payment Amount

BTR transactions do not qualify for DF-1073.

{3100}: Sender’s ABA {3320}: Sender’s Reference {3400}: 026005092 (Wells Fargo’s Int’l ABA)

 {4000} IBK Field Wells Fargo does not require Intermediary Bank Information to process your crossborder payments. As part of our value-added service, Wells Fargo will locate the IBK on your behalf.

{3600}: Business Function: CTR or BTR*

However, if you happen to provide this information,

{4100}: BNF FI

Wells Fargo will honor your payment instructions.

{4200}: BNF Information {5000}: ORIG Information {6500}: Bank to Bank Information**

 Wells Fargo (026005092 or PNBPUS3NNYC) is not required in Field 4000 as we are the Receiver FI identified in Field 3400  {6500} BBI: **Mandatory to qualify a payment as DF. The industry agreed upon DF-1073 Identifying codeword /CTS/, /CTO/ or /CTB/ must be present in Field 6500 to qualify your payments as DF1073 consumer payments.

Please consult your GPS Sales Manager if you need additional information or clarification regarding the above formatting.

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Fedwire Account Funding Payment Sample Fedwire Account Funding Payments can be sent as Type Code 10.

SAMPLE PAYMENT INSTRUCTIONS {1510} Type/Subtype Code:10 00

International USD Payments MUST be directed to Wells Fargo’s dedicated ABA 026005092

{1520} IMAD

: 20130902 A6L9001T 056908

{2000} Amount

:

{3100} Sender Di

: 211274503

{3320} Sending Bank Ref# : 789012

Account Funding Payments should be formatted with “BTR” (Bank Transfer) Business Function

{3400} Receiver Di

D - Demand Deposit Account (DDA) Number . Your 13-digit account with Wells Fargo should appear in Field 4200 preceded by a “D”

{4200} BNF-

You can add text in the OBI field to help identify the credit to your account/purpose of the Bank Transfer.

$500.00

: 026005092

{3600} Business Function : BTR ( Bank Transfer ) : D123456789 0123 (Your Account) YOUR BANK NAME 1 MAPLE AVE. ANYTOWN, PA 19125

{5000} ORG-

:

D55555555 INTERNATIONAL WIRE FEE ACCT 1 MAPLE AVE. ANYTOWN, PA 19125

{6000} OBI-

: MONTHLY ANALYSIS FEES AUGUST 2013

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Fedwire DF-1073 Consumer Payment Sample 1 SAMPLE PAYMENT INSTRUCTIONS All Third Party Commercial Payments (including DF1073 Consumer payments) MUST be sent as Type Code 10.

{1510} Type/Subtype Code:10 00 {1520} IMAD

: 20130901 B6B7001C 001077

{2000} Amount

:

$3500.00

{3100} Sender Di

: 021000000

International USD Payments MUST be directed to Wells Fargo’s dedicated ABA 026005092

{3320} Sending Bank Ref# : 123456

DF1073 Consumer Payments MUST be formatted with “CTR” (Customer Transfer) Function

{3600} Business Function : CTR ( Customer Transfer )

B – SWIFT BIC (Bank Identifier Code) C - CHIPS Participant D - Demand Deposit Account (DDA) or International Bank Account Number (IBAN) – if required F - Fed Routing Number U - CHIPS Identifier

{3400} Receiver Di

{4100} BBK-

: BHASEHKHH HANG SENG BANK 123 HK BLVD. HONG KONG, HK 90320

{4200} BNF-

: D123456789 ABC CO. LTD 456 HK BLVD. HONG KONG, HK 90320

{5000} ORG-

: D1122334455 MR. JOHN DOE 123 MAIN ST. ELMHURST, NY 11373

{6000} OBI-

: BENE REFERENCE

{6500} BBI-

: /CTS/

Full account, name, and address information should ALWAYS be included for both Originator and Beneficiary

The Qualifying DF1073 Codeword (/CTS/, /CTO/, /CTB/) Should be placed at the beginning of any line of 6500*; first line preferred and codeword should be present on a line by itself. For additional information to be included in this field, please see BBI /Field 6500 Usage Rules in the appendix.

: 026005092

Information for the beneficiary should be placed in Field 6000.

*Please consult your GPS or FX Sales Manager if unclear which codeword applies to your specific

payments or if you are unable to use the industry standard codewords.

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Fedwire DF-1073 Consumer Payment Sample 2 SAMPLE PAYMENT INSTRUCTIONS All Third Party Commercial Payments (including DF1073 Consumer payments) MUST be sent as Type Code 10.

{1510} Type/Subtype Code:10 00 {1520} IMAD

International USD Payments MUST be directed to Wells Fargo’s dedicated ABA 026005092

DF1073 Consumer Payments MUST be formatted with “CTR” (Customer Transfer) Function

{2000} Amount

:

{3100} Sender Di

: 031000000

-“B” identifier is recommended for the BBK SWIFT BIC - “D” identifier is recommended for the BNF IBAN

: 026005092

{3600} Business Function : CTR ( Customer Transfer ) {4100} BBK-

: BCRESCHZZ70A CREDIT SUISSE AG ALPENGASSE 1 ZURICH, SWITZERLAND

{4200} BNF-

: DCH3500230230123456789 MR. JOHN DOE ALPENGASSE 2 GENEVA, SWITZERLAND

{5000} ORG-

: D1122334455 MR. XYZ 123 MAIN ST. ELMHURST, NY 11373

{6000} OBI-

: BENE REFERENCE

{6500} BBI-

: /CTB/

-Full account, name, and address information should ALWAYS be included for both Originator and Beneficiary

The Qualifying DF1073 Codeword (/CTS/, /CTO/, /CTB/) Should be placed at the beginning of any line of 6500*; first line preferred and codeword should be present on a line by itself. For additional information to be included in this field, please see BBI /Field 6500 Usage Rules in the appendix.

$4000.00

{3320} Sending Bank Ref# : 1234567 {3400} Receiver Di

International Bank Account Numbers (IBANs) are required in many countries. Please refer to our Global Payments Handbook for more detailed information and a full listing of these countries and account number formats.

: 20130901 B6B7001C 001078

Information for the beneficiary should be placed in Field 6000.

*Please consult your GPS or FX Sales Manager if unclear which codeword applies to your specific

payments or if you are unable to use the industry standard codewords.

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Fedwire USD Int’l Wire Payment Sample SAMPLE PAYMENT INSTRUCTIONS All Third Party Commercial Payments (including DF1073 Consumer payments) MUST be sent as Type Code 10.

International USD Payments MUST be directed to Wells Fargo’s dedicated ABA 026005092

{1510} Type/Subtype Code:10 00 {1520} IMAD : 20130901 B6B7001C 001079 {2000} Amount

:

$4500.00

{3100} Sender Di

: 121000000

{3320} Sending Bank Ref# : 1234568 DF1073 Consumer Payments MUST be formatted with “CTR” (Customer Transfer) Function Some countries have specific national clearing codes, similar to Fed or CHIPS ABAs in the U.S. Please refer to our Global Payments Handbook for more detailed information and additional examples of these countries and clearing code formats. However, the SWIFT BIC is more commonly used and is ALWAYS the preferred option, if available.

{3400} Receiver Di

{3600} Business Function : CTR ( Customer Transfer ) {4100} BBK-

: D309638 LLOYDS TSB BANK PLC TWO BRINDLEYPLACE BIRMINGHAM, ENGLAND

{4200} BNF-

: DGB29LOYD09482024581278 MRS. PATRICIA DOE THREE FAKEPLACE BIRMINGHAM, ENGLAND

{5000} ORG-

: D1122334455 MR. XYZ 123 MAIN ST. ELMHURST, NY 11373

{6000} OBI-

: BENE REFERENCE

{6500} BBI-

: /ACC/LLOYDS TSB BANK //BRANCH 123 CENTRAL

- “B” identifier is recommended for the BBK SWIFT BIC If no SWIFT BIC exists for the BBK and only a National Clearing Code exists, then: - “D” identifier is recommended for the BBK Clearing Code

Bank to Bank information must be included in field 6500.

: 026005092

Information for the beneficiary should be placed in Field 6000.

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Fedwire Formatting – Customer Transfer Incorrect Formatting:

Suggested Formatting:

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 {3100} Sender Di : 123456789 {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK:B2000191-001234 BANCO COLPATRIA BOGOTA CO {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 123456789 {3100} Sender Di : {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK: BCOLPCOBB BANCO COLPATRIA BOGOTA CO {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

‘B’ ID code should be used with a SWIFT BIC.

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Fedwire Formatting – Customer Transfer Incorrect Formatting:

Suggested Formatting:

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 {3100} Sender Di : 123456789 {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK:B2000191-001234 BANCO TEST HONG KONG, HONG KONG {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 123456789 {3100} Sender Di : {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK: D2000191001234 BANCO TEST HONG KONG, HONG KONG {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

‘D’ ID code should be used with demand account number.

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Fedwire Formatting – Customer Transfer Incorrect Formatting:

Suggested Formatting:

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 {3100} Sender Di : 123456789 {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK: BANK OF CHINA SHANGHAI, CHINA {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

{1120} Omad :20130904 B5B6001D 003775 0104 1111 FT03 {1510} Type/SubType Code : 10 00 {1520} Imad : 20130904 GMQFMM02 007267 {2000} Amount : $15,400.00 123456789 {3100} Sender Di : {3320} Sending Bank Ref# : 123456758910928 {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK: BBKCHCNBJ BANCO TEST SHANGHAI, CHINA {4200} BNF: D12345678 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG : D12345678 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY

Bank ID code should be included in field 4100, line 1. Permissible ID codes are shown on slide 5.

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Fedwire Formatting – Additional Beneficiary Bank Address Information

Incorrect Formatting:

Suggested Formatting:

{1120} {1510} {1520} {2000} {3100} {3320} {3400}

{1120} {1510} {1520} {2000} {3100} {3320} {3400}

Omad : 20131101 ABCDEFGH 1101 1647 FT03 Type/SubType Code : 10 00 Imad : 20131101 XYZABCDE 000336 Amount : $4,204.00 Sender Di : 123456789 Sending Bank Ref# : 123456789987654321 Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4000} IBK: BABNANL2AXXX ABN AMRO BANK AMSTERDAM NETHERLANDS {4100} BBK: ABN AMRO BANK’S ROSMALEN BRANHCH OMSTREKEN RAADHUISSTRAAT 1 ROSMALEN 5241 BJ NETHERLANDS {4200} BNF: DNL123456789097876534 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG: D987654321 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY {6000} OBI: TEST PAYMENT {6500} BBI :/CTO/

Omad : 20131101 ABCDEFGH 1101 1647 FT03 Type/SubType Code : 10 00 Imad : 20131101 XYZABCDE 000336 Amount : $4,204.00 Sender Di : 123456789 Sending Bank Ref# : 123456789987654321 Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : CTR ( Customer Transfer ) {4100} BBK: BABNANL2AXXX ABN AMRO BANK AMSTERDAM NETHERLANDS {4200} BNF: DNL123456789097876534 BENE NAME BENE ADDRESS CITY COUNTRY {5000} ORG: D987654321 ORIGINATOR NAME ORIGINATOR ADDRESS CITY STATE COUNTRY {6000} OBI: TEST PAYMENT {6500} BBI :/CTO/ /ACC/ ABN AMRO BANK’S ROSMALEN BRANCH //OMSTREKEN RAADHUISSTRAAT 1 //ROSMALEN 5241 BJ NETHERLANDS

•

Servicing (non-clearing branches without identifiers) need not be mentioned in the payment instructions

•

You may need to pass this information on due to the Travel Rule if your customer states it in the funds transfer form as the Beneficiary Bank’s address.

•

Place this information in the Bank to Bank Information field (6500), not as a payment party field. 11

Fed Service Messages - Investigations SAMPLE PAYMENT INSTRUCTIONS

{1110} Time-Stamp {1120} Omad

In field 2000 quote payment amount (example $5,003.21). Do not put $0 in field 2000 if investigation message is related to a particular payment

: 20131125 B6D7001C 001974 21125

1053 FT03 {1510} Type/SubType Code : 10 90 {1520} Imad

: 20131125 GMQFMP01 002000

{2000} Amount

$5,003.21

{3100} Sender Di

: 123456789

{3320} Sending Bank Ref# : 0333001234561234 {3400} Receiver Di

Field 3500: Quote IMAD of payment in Question

: 1125 1053 FT03

: 026005092 WELLSFARGO NY INTL

{3500} IMAD

20131011 GMWFMP01 001234

{3600} Business Function : SVC {9000} Free Format Text

Field 9000: Type in the full details of your investigation

( Service Message

)

: This is regarding payment for

$5,003.21 under IMAD …..

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Dodd Frank Error Claims IMM MSG ID: FEDW-6130930xxxxxx000A-20130930-08:00:19.270 6130930xxxxxx000AICOM010301IFWS20130930FW {1100} Msg Disposition : 30P S {1110} Time-Stamp : {1120} Omad : {1510} Type/SubType Code : 10 90 {1520} Imad : {2000} Amount : $5,600.00 {3100} Sender Di : {3320} Sending Bank Ref# : {3400} Receiver Di : 026005092 WELLSFARGO NY INTL {3600} Business Function : SVC ( Service Message ) {9000} Service Message: ATTN DODD FRANK INVESTIGATIONS REF WELLS FARGO PAYMENT REFERENCE UNDER (Customer’s Reference), WELLS FARGO IMAD (From original payment) FOR USD____________ CUSTOMER PROVIDES INQUIRY INFORMATION PLEASE REPLY URGENTLY QUOTING OUR REFERENCE (Reference in field 3320) REGARDS

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USD INT’L WIRES DODD FRANK FREQUENTLY ASKED QUESTIONS

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Dodd Frank – Frequently asked questions I forgot to include the DF1073 code-word. Can I send an amendment request through a service message asking you to amend my original instructions and insert the code-word? Q:

A: Wells Fargo executes your payment internationally within minutes, and most often within seconds

of receiving your payment order. By the time you send your amendment, the payment most likely will already have been executed. The DF1073 codeword you insert does two things: 1. It determines how we will charge the payment, and

2. It directs us to route the payment in a way intended to eliminate intermediary bank fee deductions. If you omit the codeword, we will bill you according to your standard commercial payment profile and we will route the payment without applying the specific DF1073 routing methodology. Once the payment is executed, we cannot change the routing methodology.

15

Dodd Frank – Frequently asked questions Q:

What if I forgot the DF1073 codeword? Should I recall the payment?

A:

By the time you realize that the code was omitted, Wells Fargo will have most likely executed the payment. Recalling an international payment is time consuming –usually taking several days – and results in return fee deductions. In addition, if the beneficiary had already received the funds and was expecting them, they will generally not be willing to return the funds. Wells Fargo will execute your payment regardless of whether or not you included the Dodd Frank 1073 (DF1073) codeword. Assuming all other information in the payment is correct and we are able to identify a way of routing the payment, the beneficiary will get their funds. The difference with not including the codeword is that the payment may incur intermediary lifting fees (covered fees), so the amount paid to the final beneficiary maybe less than what you disclosed to your consumer. This may result in an error claim, which your institution will need to resolve. Moreover, the payment will not be identified in our reporting to you as a DF1073 payment. Lastly, if you have differentiated pricing between your consumer and commercial payments, any payment not containing the DF1073 codeword will be charged the rate we charge for your commercial payments.

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Dodd Frank – Frequently asked questions Q:

Do I need to include intermediary bank information?

A: Please do not include any U.S. based intermediary banks. Our payment system will automatically route the payment by selecting the necessary USD clearing correspondent for the indicated Beneficiary’s Bank. However, while our payment system contains over 52,000 routing records and we use other public and commercial sources of routing information, we may not have routing information for every single financial institution in the world. This could especially be the case with small foreign financial institutions that do not have a direct USD correspondent clearing relationship with a CHIPS or Fedwire participating bank. Such financial institutions may not even have a SWIFT BIC. In some cases, they may have a SWIFT BIC but it is offline (you can recognize these institutions because the number one (1) will be the eighth character of their SWIFT BIC). Small foreign financial institutions that do not have a direct USD correspondent clearing relationship will typically settle USD payments through another intermediary bank within their home country (“second intermediary”) or region. That larger bank, the second intermediary, will typically maintain direct USD correspondent relationships with CHIPS and Fedwire participating banks. While Wells Fargo has routing records for many of these smaller institutions, we may not have it for every single one you may be asked to pay. In the event your sender has information related to a nonU.S. based intermediary bank (the second intermediary, a local bank in the country or region where the beneficiary bank is located), please include that second intermediary information in your payment instructions. In most cases, these smaller banks provide their second intermediary information as part of the smaller banks’ routing instructions to those beneficiary’s wanting to receive funds on their account with these smaller banks.

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Dodd Frank – Frequently asked questions Q: I unintentionally sent my DF1073 payment as a BTR (Bank-to-Bank Transfer) instead of as a CTR (Customer Transfer). I did include the DF1073 codeword. Will you process that payment as a DF1073 payment? A: No. By its nature, a DF1073 payment has a non-bank originator (the sender has to be a consumer). As such, the payment should not be sent as a Fedwire BTR (Bank Transfer). It is unlikely that we will reject such a payment since, as long as the syntax is correct, our system will process it as a bank to bank transfer. However, we will not apply DF1073 specific routing or in any other way process the payment as a DF1073 payment. Fee controls will not be applied and Wells Fargo will not be liable for any deductions taken by any banks. Additionally, please note that the beneficiary’s bank will most likely not be able to apply funds as instructed. This could cause a considerable delay in the application of funds to the final beneficiary. 

Generally, if you do find that you have sent a DF1073 payment as a BTR instruction instead of a CTR instruction, we strongly suggest that you recall the payment by sending us a request to do the same via an authenticated Fed service message (10 90). You can then consider re-executing the payment as the correct message type once you have received confirmation of recall.



All third party payments (including DF1073 payments) must be sent as: –

Type Code 10

–

Business Function Code of CTR

–

Prior to the 18:00 US ET cutoff (17:45 US ET is recommended to allow for repairs)

18

Dodd Frank – Frequently asked questions Q: I received a message from Wells Fargo stating that a foreign bank is claiming their investigation or inquiry fees. Why is Wells Fargo asking my bank to pay those fees? Additionally, sometimes, when I receive a return of funds, it is less than the amount we originally sent out. Are foreign banks deducting return fees? A:

The monthly investigation fee Wells Fargo charges is intended to cover Wells Fargo’s expenses related to the processing of your investigations and inquiries. Our fee is not a “guaranteed” all-in investigation fee because it does not cover claims foreign banks may present for their investigation and inquiry fees (which on a cumulative basis can typically be well in excess of Wells Fargo’s monthly investigation fee). Just like any institution a foreign bank incurs costs to process your inquiry and claims such fees from the inquirying party. Wells Fargo passes that fee claim to you, and we strongly urge you to positively reply with authorization to pay once you receive it. Please note that consistent refusals to pay such fees may result in the foreign bank’s reluctance to expeditiously process any future inquiries received from your bank through Wells Fargo. As a best practice Wells fargo would strongly suggest that you do not raise a “beneficiary claims non-receipt” inquiry or a “please confirm date and amount paid” inquiry until at least 3-5 business days from the date of your payment (or at least until past the Date Funds will be Available as indicated in your disclosure). This will provide the beneficiary’s bank sufficient time to apply funds. If, in the meantime, your consumer inquires about the fate of the payment, please note the CyberInquiry does provide you the ability to view, copy and print the actual SWIFT or CHIPS message we used to execute the payment. This typically is sufficient show that the payment was delivered to the beneficiary’s bank. Finally please also note that yes, when returning funds foreign banks often deduct their return processing fees from the amount of the payment they received. Wells Fargo will not deduct an additional return fee so the entire amount would have been deducted by the beneficiary’s bank or an intermediary bank. 19

Dodd Frank – Inquiry Best Practices In order to minimize the potential costs of inquiries and investigations related to DF1073 payments we suggest the following best practices: 

Only initiate “Beneficiary claims non-receipt” or “Advise date and amount credited to beneficiary” inquiries after 3-4 business days from the date of payment – Foreign banks may not make funds available to the final beneficiary immediately. The beneficiary may receive the funds by the time the beneficiary’s bank receives the inquiry.



Use CyberInquiry to access our outbound payment message. On the day after the payment date, you can access a copy of the actual SWIFT and/or CHIPS message we sent to execute the payment internationally. These messages are evidence that the payment reached the beneficiary’s bank, and often are sufficient to confirm that the payment has been properly executed.



Set your own customer’s expectations as to how quickly you may have a response for them. Wells Fargo’s ability to provide you further information may often depend upon the responsiveness of foreign banks. Some banks require time to research and advise the status of a payment.



As much as possible please contact the appropriate Wells Fargo customer service team for your inquiry. We provide different contacts for your USD payments vs your FX payments. While we are glad to pass your inquiries internally, you will be best serviced by directing the inquiry to the team responsible for the payment. This will assure correctness and expediency in processing your inquiry.

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APPENDIX

21

Global Transaction Banking Resources I.

Payments Formatting Guide

II. GPS Payments Handbook http://www.wellsfargomedia.com/gfius/pages/resources.html

22

FI to FI Information (Field 6500) Usage The Dodd-Frank 1073 Qualifying Codeword or any codeword must be placed in the first position of a line in field 6500. Only 1 codeword is acceptable per line. This field can be used for additional information for the Receiver or to downstream participants of the transaction. Each item for which a code exists must start with that code and may be completed with additional information. Each code used must be between slashes and appear at the beginning of a line. It may be followed by additional narrative text. 

Field 6500 must never be used for information for which another field is intended.



Narrative text relating to a preceding code, which is continued on the next line(s), must start with a double slash '//', and, if used, must begin on a new line.



Narrative text should preferably be the last information in this field.



Use of field 6500, particularly with un-coded instructions, may cause delay, because, in automated systems, the presence of this field will normally require manual intervention.

Dodd Frank Qualifing codewords Only use the codeword agreed with your GPS Sales manager. If you use a codeword other than your agreed DF codeword Wells Fargo will not process as a DF qualifying payment.



/CCT/



/CTO/



/CTB/



/CTS/

FI to FI Qualifying codeword Used to communicate information to the account with institution



/ACC/

23

PLEASE CONTACT YOUR GPS SALES MANAGER WITH ANY ADDITIONAL QUESTIONS ABOUT PAYMENT FORMATTING

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