BANK WIRE TRANSFER PAYMENT

Save 3% on your purchase by electing to pay via secure bank wire transfer.

Contact us at (716) 291-7292 for questions or assistance.

Wire Transfer FAQ

What You Need to Know

What Is a Wire Transfer?

A wire transfer is a direct, electronic movement of funds between financial institutions. Unlike checks or third-party payment platforms, wires deposit cleared funds straight into the recipient’s account. For luxury timepiece transactions, this is one of the most secure and reliable payment methods available.

How the Process Works

1. You initiate the transfer through your bank using the wiring instructions we provide.

2. Your bank transmits the funds electronically to our financial institution.

3. Both institutions verify and confirm the transfer.

4. Funds typically clear within 24 hours for domestic transfers. International transfers may take several business days. We keep you informed throughout the process.

Why Clients Choose Wire Transfers

• Security: Direct bank-to-bank movement with minimal fraud exposure
• Speed: Most domestic transfers clear within one business day
• Finality: Once confirmed, funds cannot be reversed

Is a Wire Transfer the Right Choice?

If you are purchasing a high-value timepiece and want maximum transaction security with minimal processing delays, a wire transfer is an excellent option. Many experienced collectors and investors prefer this method for peace of mind.

Are There Any Fees?

Most banks charge a sending and receiving fee. In our experience, these typically range from $25 to $65, depending on your institution and whether the wire is domestic or international.

How Do I Initiate a Wire Transfer?

Contact your bank directly or use your online banking platform. Once your purchase is confirmed with Biel Watches, we will provide all required wiring instructions securely within your Purchase Agreement via DocuSign.

Wire Transfer Processing Policy

For security and transaction integrity, all wire payments are subject to a 24-hour verification and holding period once received. This allows full confirmation of cleared funds prior to the release of your purchase.

Once verification is complete, your order will immediately proceed to shipping or scheduled pick-up.

Frequently Asked Questions

How long does a wire transfer take?
Domestic transfers typically clear within 24 hours. International transfers generally take 2 to 5 business days depending on the banks involved.

What information is required?
You will need the recipient’s bank name, routing number, and account number. All required details are provided on your invoice.

Can I initiate a wire online?
Most banks allow online wire initiation. Some institutions may require in-person verification for high-value transfers.

For questions or assistance, contact Biel Watches at (716) 291-7292 or use our contact form.