Need to send money to Bosnia and Herzegovina? Thinking about a wire to transfer the money to Bosnia and Herzegovina? Before you visit your bank to organise it, make sure you check the wire transfer fees. You may get a shock the amount the charges will be and depending on the transfer amount, it might be better to forward the money another way.
What can make it more costly is in addition to your financial institution imposing a fee for sending the funds to a bank in Bosnia and Herzegovina, the recipient receiving the money transfer will probably also incur a fee from the bank where they have their account. One way to reduce the possibilty of this charge is to send the international wire transfer in the currency of their account.
To initiate a wire transfer to Bosnia and Herzegovina, you may need a SWIFT code. These are different codes for each bank and based on things such as the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Centralna banka Bosne i Hercegovine