Need to send money to Malta? Are you considering a wire to transfer money to Malta? Before you visit your financial institution to do it, make sure you check out the wire transfer fees. It may come as a shock how much the fees will be and depending on the dollar amount, it might be better to have a look at the alternatives to forward the money using another method.
What makes even worse is in addition to your financial institution charging a fee for sending the funds to a place in Malta, the person receiving the transfer may be charged a fee from their bank. One way to reduce the likelihood of the charge is to send the international wire transfer in their designated currency.
To make a bank wire transfer to Malta, you will possibly require a SWIFT code. These are different for each bank and are based on a number of things including the bank and country.
SWIFT Country Code
Central Bank Name
Central Bank of Malta