Need to send money to Lithuania? Considering a wire to transfer money to Lithuania? Before you visit your bank to organise it, be sure to check out the wire transfer fees. You may get a shock just what the costs will be and depending on the transfer amount, it might not be worth sending the money by bank wire transfer to send the money by other methods.
What can make it more costly is in addition to your bank imposing a fee for sending the money to a place in Lithuania, the individual getting the transfer of money may also incur a fee from the bank at their end. One way to reduce the likelihood of this charge is to remit the international wire transfer in the currency of their account.
To make a wire transfer to Lithuania, you will possibly need a SWIFT code. These are unique for each financial institution and are based on things including the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Bank of Lithuania