Need to transfer money to Hong Kong? Thinking about a wire to transfer the money to Hong Kong? Before you visit your financial institution to do it, be sure to check out the wire transfer fees. It may come as a shock how much the charges will be and depending on the amount, it might make more sense to send the money using another method.
What can make it even worse is in addition to your financial institution imposing a fee for sending the funds to a bank in Hong Kong, the individual receiving the transfer of money may be charged a fee at their end. One way to reduce the likelihood of the fee is to remit the international wire transfer in their designated currency.
To make a bank wire transfer to Hong Kong, you will possibly need a SWIFT code. These are unique codes for each financial institution and based on a number of things such as the country and individual bank.
SWIFT Country Code
Central Bank Name
Hong Kong Dollar