Need to send money to Peru? Are you considering a bank wire to transfer money to Peru? Before you visit your bank to organise it, be sure to check the wire transfer fees. You might get a shock the amount the charges will be and depending on the amount of the wire, it might make more sense to forward the money using another method.
What can make it even more costly is in addition to your financial institution charging a fee for sending the funds to a place in Peru, the person receiving the money transfer may also be charged a fee from the bank at their end. A way to reduce the likelihood of the charge is to remit the international wire transfer in their local currency.
To initiate a bank wire transfer to Peru, you will possibly need a SWIFT code. These are unique codes for each bank and based on a number of things such as the individual banking institution and country.
SWIFT Country Code
Central Bank Name
Banco Central de Reserva del Perú