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.
Bank wire details for Bhutan
- Country – Bhutan
- SWIFT Country Code – BT
- Central Bank Name – Royal Monetary Authority of Bhutan
- Currency – Ngultrum
- Currency Code – BTN