Need to wire money to Barbados? Considering a wire to transfer money to Barbados? Before you visit your financial institution to organise it, be sure to check out the wire transfer fees. It might come as a shock how much the costs will be and depending on the dollar amount, it might be better to have a look at the alternatives to forward the money by other means.
What can make it more expensive is in addition to your bank imposing a fee for sending the money to a bank in Barbados, the individual getting the funds will possibly also be charged a fee at their end. One way to minimise the possibility of this fee is to remit the international wire transfer in the currency of their bank account.
To initiate a wire transfer to Barbados, you will possibly require a SWIFT code. These are different for each bank and based on references including the bank and country.
Bank wire details for Barbados
SWIFT Country Code
Central Bank Name
Central Bank of Barbados