Need to transfer money to Greece? Are you considering a wire to transfer the money to Greece? Before you walk into your financial institution to organise it, make sure you check the wire transfer fees. You might get a shock as to how much the fees will be and depending on the dollar amount, it might be better to have a look at the alternatives to forward the money by other methods.
What can make it more expensive is in addition to your bank imposing a fee for sending the funds to a place in Greece, the person getting the money transfer may be charged a fee from the bank where they have their account. A way to reduce the likelihood of the fee is to remit the international wire transfer in their designated currency.
To make a wire transfer to Greece, you will possibly need a SWIFT code. These are different for each bank and are based on things such as the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Banque de Grèce