Need to send money to Burundi? Thinking about a wire to send the money to Burundi? Before you walk into your financial institution to organise it, make sure you check the wire transfer fees. You may get a shock the amount the fees will be and depending on the amount of the wire, it might be better to forward the money another way.
What makes it even worse is in addition to your financial institution charging a fee for sending the funds to a place in Burundi, the individual getting the funds may incur a fee at their end. A way to reduce the possibility of the charge is to remit the international wire transfer in the currency of their bank account.
To process a wire transfer to Burundi, you may require a SWIFT code. These are different codes for each financial institution and are based on things such as the bank and country.
Bank wire details for Burundi
- Country – Burundi
- SWIFT Country Code – BI
- Central Bank Name – Banque de la République du Burundi
- Currency – Burundi Franc
- Currency Code – BIF