Need to transfer money to France? Are you considering a bank wire to send the money to France? Before you ask your bank to do it, be sure to check the wire transfer fees. You may get a shock as to how much the costs will be and depending on the dollar amount, it might not be worth sending the money by bank wire transfer to forward the money using another method.
What makes it more costly is in addition to your financial institution adding a fee for sending the money to a bank in France, the recipient getting the transfer of money will probably be charged a fee from the bank at their end. One way to minimise the likelihood of the fee is to send the international wire transfer in the currency of their bank account.
To initiate a wire transfer to France, you may need a SWIFT code. These are unique codes for each bank and based on references such as the individual banking institution and country.
Bank wire details for France
- Country – France
- SWIFT Country Code – FR
- Central Bank Name – Banque de France
- Currency – Euro
- Currency Code – EUR