Need to send money to Cayman Islands? Are you considering a bank wire to transfer money to Cayman Islands? Before you go your bank to do it, be sure to check out the wire transfer fees. It might come as a shock the amount the charges will be and depending on the amount of the wire, it might be better to have a look at the alternatives to forward the money using another method.
What can make it worse is in addition to your financial institution adding a fee for sending the funds to a bank in Cayman Islands, the person getting the transfer will probably incur a fee from their bank. A way to reduce the possibilty of the charge is to send the international wire transfer in the currency of their account.
To make a bank wire transfer to Cayman Islands, you may need a SWIFT code. These are different for each financial institution and are based on references such as the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Cayman Islands Monetary Authority
Cayman Islands Dollar