Want to transfer money to Papua New Guinea? Considering a bank wire to transfer the money to Papua New Guinea? Before you ask your bank to organise it, be sure to check out the wire transfer fees. It might come as a shock as to how much the fees will be and depending on the amount of the wire, it might not be worth sending the money by bank wire transfer to send the money another way.
What makes even more costly is in addition to your bank imposing a fee for sending the funds to a place in Papua New Guinea, the individual receiving the transfer of funds will possibly incur a fee from the bank where they have their account. One way to minimise the likelihood of the charge is to send the international wire transfer in the currency of their bank account.
To process a wire transfer to Papua New Guinea, you might require a SWIFT code. These are different for each financial institution and based on things including the bank and country.
SWIFT Country Code
Central Bank Name
Bank of Papua New Guinea