Need to send money to Finland? Are you considering a wire to transfer the money to Finland? Before you visit your bank to do it, be sure to check out the wire transfer fees. It may come as a shock as to how much the fees and charges will be and depending on the amount of the transfer, it might not be worth sending the money by bank wire transfer to send the money by other means.
What can make it even more costly is in addition to your financial institution adding a fee for sending the funds to a place in Finland, the individual getting the transfer of funds may be charged a fee at their end. One way to reduce the possibilty of the fee is to send the international wire transfer in the currency of their account.
To initiate a wire transfer to Finland, you may need a SWIFT code. These are different for each bank and based on things including the country and individual bank.
SWIFT Country Code
Central Bank Name
Suomen Pankki-Finlands Bank