Want to send money to Bhutan? Considering a bank wire to send the money to Bhutan? Before you ask your bank to do it, be sure to check the wire transfer fees. It may come as a shock as to how much the fees 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 methods.
What can make it even more costly is in addition to your bank imposing a fee for sending the money to a place in Bhutan, the recipient getting the transfer of funds will possibly also incur a fee from the bank where they have their account. A way to minimise the likelihood of this charge is to remit the international wire transfer in their local currency.
To make a bank wire transfer to Bhutan, you will possibly need a SWIFT code. These are unique codes for each bank and are based on things such as the country and individual bank.
SWIFT Country Code
Central Bank Name
Royal Monetary Authority of Bhutan