Need to send money to Macau? Are you considering a wire to transfer money to Macau? Before you visit your financial institution to do it, make sure you check the wire transfer fees. It might come as a shock just what the fees and charges will be and depending on the amount, it might be better to forward the money by other methods.
What can make it even more costly is in addition to your bank charging a fee for sending the funds to a place in Macau, the person getting the funds will probably be charged a fee at their end. A way to reduce the possibility of this fee is to remit the international wire transfer in their local currency.
To make a bank wire transfer to Macau, you might need a SWIFT code. These are different for each financial institution and are based on references including the country and individual bank.
Bank wire details for Macau
- Country – Macau
- SWIFT Country Code – MO
- Central Bank Name – Autoridade Monetária de Macau
- Currency – Pataca
- Currency Code – MOP