Need to wire money to Brunei? Are you considering a bank wire to send the money to Brunei? Before you ask your financial institution to organise it, make sure you check the wire transfer fees. You may get a shock as to how much 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 another way.
What makes worse is in addition to your financial institution adding a fee for sending the funds to a place in Brunei, the person receiving the transfer will most likely incur a fee from the bank where they have their account. A way to reduce the possibilty of the charge is to send the international wire transfer in the currency of their bank account.
To initiate a wire transfer to Brunei, you will possibly require a SWIFT code. These are different codes for each financial institution and are based on references including the individual banking institution and country.
SWIFT Country Code
Central Bank Name
The Brunei Association of Banks