Want to send money to Kuwait? Thinking about a bank wire to transfer money to Kuwait? Before you go your bank to do it, make sure you check the wire transfer fees. You might get a shock how much the fees will be and depending on the amount, it might not be worth sending the money by bank wire transfer to send the money by other means.
What makes it more expensive is in addition to your bank charging a fee for sending the money to a bank in Kuwait, the recipient getting the transfer of money may also be charged a fee at their end. One way to reduce the possibility of this fee is to remit the international wire transfer in the currency of their bank account.
To initiate a wire transfer to Kuwait, you might need a SWIFT code. These are unique codes for each financial institution and based on a number of things such as the individual banking institution and country.
Bank wire details for Kuwait
- Country – Kuwait
- SWIFT Country Code – KW
- Central Bank Name – Central Bank of Kuwait
- Currency – Kuwaiti Dinar
- Currency Code – KWD