Need to send money to Bahrain? Are you considering a bank wire to transfer the money to Bahrain? Before you ask your financial institution to do it, make sure you check the wire transfer fees. You might get a shock as to how much the costs will be and depending on the amount of the transfer, it might be better to have a look at the alternatives to forward the money by other methods.
What can make it more costly is in addition to your bank imposing a fee for sending the money to a place in Bahrain, the individual receiving the transfer may incur a fee at their end. A way to minimise the likelihood of this fee is to send the international wire transfer in their local currency.
To process a wire transfer to Bahrain, you might require a SWIFT code. These are unique for each bank and are based on references such as the country and individual bank.
Bank wire details for Bahrain
- Country – Bahrain
- SWIFT Country Code – BH
- Central Bank Name – Bahrain Association of Banks
- Currency – Bahrain Dinar
- Currency Code – BHD