Need to transfer money to Uganda? Are you considering a wire to transfer the money to Uganda? Before you ask your bank to do it, make sure you check out the wire transfer fees. You may get a shock as to how much the costs will be and depending on the amount of the wire, it might be better to send the money another way.
What can make it even worse is in addition to your bank charging a fee for sending the funds to a bank in Uganda, the recipient getting the transfer of money will probably be charged a fee from their bank. One way to minimise the possibility of the fee is to send the international wire transfer in the currency of their bank account.
To initiate a wire transfer to Uganda, you might need a SWIFT code. These are different for each bank and based on things including the individual banking institution and country.
Bank wire details for Uganda
- Country – Uganda
- SWIFT Country Code – UG
- Central Bank Name – Bank of Uganda
- Currency – Uganda Shilling
- Currency Code – UGX