Want to transfer money to the Maldives? Thinking about a bank wire to send the money to the Maldives? Before you go your financial institution to organise it, be sure to check out the wire transfer fees. You may get a shock the amount the charges will be and depending on the dollar amount, it might be better to have a look at the alternatives to send the money by other means.
What makes more expensive is in addition to your bank imposing a fee for sending the money to a place in the Maldives, the individual getting the transfer of money will possibly incur a fee at their end. One way to minimise the possibilty of this fee is to remit the international wire transfer in the currency of their bank account.
To make a bank wire transfer to the Maldives, you might require a SWIFT code. These are unique for each bank and are based on a number of things including the country and individual bank.
SWIFT Country Code
Central Bank Name
Maldives Monetary Authority