Need to transfer money to Sri Lanka? Are you considering a bank wire to transfer money to Sri Lanka? Before you go your bank to organise it, make sure you check out the wire transfer fees. It might come as a shock how much the fees will be and depending on the amount of the wire, it might be better to have a look at the alternatives to send the money another way.
What makes it worse is in addition to your financial institution imposing a fee for sending the funds to a place in Sri Lanka, the individual receiving the transfer of money will possibly also be charged a fee from the bank at their end. A way to reduce the possibility of this charge is to send the international wire transfer in the currency of their account.
To initiate a bank wire transfer to Sri Lanka, you may require a SWIFT code. These are different codes for each bank and are based on things including the bank and country.
Bank wire details for Sri Lanka
- Country – Sri Lanka
- SWIFT Country Code – LK
- Central Bank Name – Central Bank of Sri Lanka
- Currency – Sri Lankan Rupee
- Currency Code – LKR