Need to wire money to the Isle of Man? Are you considering a bank wire to send the money to the Isle of Man? Before you walk into your bank to do it, be sure to check the wire transfer fees. You might get a shock as to how much the fees will be and depending on the transfer amount, it might make more sense to forward the money by other methods.
What makes it even more costly is in addition to your bank charging a fee for sending the funds to a place in the Isle of Man, the person receiving the transfer of funds will most likely incur a fee from the bank at their end. A way to reduce the likelihood of the charge is to send the international wire transfer in their local currency.
To process a bank wire transfer to the Isle of Man, you may need a SWIFT code. These are unique for each financial institution and based on references such as the bank and country.
Bank wire details for the Isle of Man
- Country – Isle of Man
- SWIFT Country Code – IM
- Central Bank Name – Bank of England
- Currency – Pound Sterling
- Currency Code – GBP