Need to transfer money to Nicaragua? Considering a bank wire to send the money to Nicaragua? Before you ask your financial institution to organise it, make sure you check the wire transfer fees. It might come as a shock as to how much the costs will be and depending on the transfer amount, it might be better to have a look at the alternatives to forward the money by other means.
What can make it more expensive is in addition to your bank imposing a fee for sending the funds to a bank in Nicaragua, the individual receiving the transfer will probably be charged a fee from their bank. A way to minimise the possibility of this charge is to send the international wire transfer in the currency of their bank account.
To initiate a bank wire transfer to Nicaragua, you will possibly need a SWIFT code. These are different for each bank and based on things including the individual banking institution and country.
Bank wire details for Nicaragua
SWIFT Country Code
Central Bank Name
Banco Central de Nicaragua