Last reviewed: · Curated by Ohmyfin Organisation editorial.
You are purchasing real estate abroad. The deposit and final payment must arrive on agreed dates or you lose the deal.
Details
You are purchasing real estate abroad. The deposit and final payment must arrive on agreed dates or you lose the deal.
How to handle it: Use a regulated escrow / lawyer's client account. Wire via SWIFT MT103 with charges instruction OUR. Allow 3–5 business days lead time. Track every UETR — large amounts attract heavy compliance screening.
Whatever route you take, every SWIFT payment carries a 36-character UETR (Unique End-to-end Transaction Reference). Paste the UETR into the Ohmyfin tracker to see the latest available SWIFT status in seconds — settled, in flight, pending compliance, or rejected.
Key facts
Large amounts (USD/EUR 100k+) routinely trigger AML PDNG holds — pre-clear with your bank.
Pre-fund foreign-currency accounts at mid-market FX to lock in the rate.
Save every UETR + bank confirmation; you may need them for residency / golden-visa applications.
Frequently asked questions
What is a UETR and why do I need one?
The UETR is the SWIFT-network identifier for your payment, mandatory on every payment since November 2018. It is the only way to track a payment in real time across all the correspondents in the chain.
How long should this kind of SWIFT payment take?
SWIFT GPI same-currency payments often settle in minutes. Cross-currency typically 4–24 hours. Compliance-heavy corridors can take 2–5 business days.
Is Ohmyfin tracking free?
Yes — free public tracking with 10 free scans per IP per day for individuals worldwide and 100 free credits when you sign up.
Can I cancel or recall the payment if needed?
Cancellation works only before the receiving bank credits the account. Recall (after credit) needs the beneficiary's consent. See /help/how-to-cancel-swift-payment and /help/how-to-recall-swift-payment.
Related — more from swift payment use cases and beyond
Get 100 free credits — track unlimited SWIFT payments
No card needed. Free for ordinary users — 5 IP-based lookups per day, plus 100 credits instantly when you sign up with email. Use them on any international wire across 11,000+ banks.