Wire transfer

[offtalk]

If wire transfer is made from a personal bank account from offshore jurisdiction like switzerland to a thirdparty or to another offshore jurisdiction(personal bank account) what are the risks associated with it. Does the receiving bank knows the origin of the swift transfer?

 

[negon]

yes they will always know it. It's shown on details of each transaction.

 

[offtalk]

But I have seen transfer advice from the receiving bank showing USA as the sending bank if the wire is in USD not the sending bank.

 

[negon]

Okay, not sure how they did it then. Maybe a service like TransferWise can do it.