Want to transfer money to Chile? Considering a bank wire to transfer money to Chile? Before you walk into your financial institution to organise it, make sure you check out the wire transfer fees. It might come as a shock just what the fees will be and depending on the dollar amount, it might make more sense to send the money using another method.
What makes worse is in addition to your bank adding a fee for sending the funds to a place in Chile, the individual receiving the money transfer will possibly be charged a fee from the bank at their end. A way to reduce the possibilty of the charge is to remit the international wire transfer in their local currency.
To process a wire transfer to Chile, you will possibly require a SWIFT code. These are unique codes for each financial institution and are based on references including the country and individual bank.
SWIFT Country Code
Central Bank Name
Banco Central de Chile