Need to send money to Botswana? Are you considering a bank wire to transfer money to Botswana? Before you ask your financial institution to do it, be sure to check the wire transfer fees. You may get a shock just what the fees and charges will be and depending on the transfer amount, it might be better to have a look at the alternatives to forward the money using another method.
What makes even worse is in addition to your financial institution imposing a fee for sending the funds to a place in Botswana, the person getting the transfer of money will possibly be charged a fee at their end. A way to reduce the likelihood of this charge is to remit the international wire transfer in their local currency.
To initiate a wire transfer to Botswana, you will possibly require a SWIFT code. These are unique codes for each bank and are based on a number of things including the country and individual bank.
SWIFT Country Code
Central Bank Name
Bank of Botswana