Wire Transfers
How do I make a wire transfer? What is the recommended way to pay internationally? How do I cancel a wire payment
Transferring funds from your bank account to your Copart Member account is one of the best ways to make payments. We recommend this method for our international customers, and some US Members also prefer it.
On the Payments Due page, select the vehicles you want to pay for, and then choose Wire Transfer payment method at checkout. The system will walk you through the process and give you a code number.
Then give your bank the reference number generated by the Payments Due system, along with the account information, and ask them to transfer the funds. Remember, after completing the Wire Transfer process in the Payments Due center, you’ll still need to contact your bank to transfer the funds for payment.
As an added security measure, the name of the person or business on the bank account used for the wire transfer must exactly match the individual or business name on the Copart Member account.
Domestic wire transfers typically take 24 to 48 hours, while international transfers take 48 to 72 hours. If your funds still haven’t posted after that time, fill out the Buyer Wire Transfer Notification form and send it to Buyer.AR@Copart.com.
Be sure to include your confirmation number and your vehicle lot numbers so your payment is applied to the right vehicles.
Cancel a Wire Transfer
To cancel a wire transfer, you’ll need to contact your bank directly. Then you’ll need to contact Member.Services@copart.com so they can reverse your payment in our system and remove the "payment pending" status so you can use another form of payment to pay for your vehicles, services and fees.
Wire Transfer Rejections
The most common reason wire transfers get rejected is because Copart requires the name on the bank account from which the wire was sent to exactly match the name on your Copart account profile. Please use a different payment method if this happens.
It can take up to a week to process wire service rejections, and sometimes even longer for wires sent from outside the US. The work is detailed for both Copart and the banks involved, so your patience is appreciated while everything gets sorted out.
