Need to send money to San Marino? Considering a wire to send the money to San Marino? Before you go your bank to do it, make sure you check the wire transfer fees. You might get a shock the amount the fees will be and depending on the dollar amount, it might be better to send the money another way.
What can make it even more costly is in addition to your bank imposing a fee for sending the funds to a bank in San Marino, the individual receiving the transfer will most likely be charged a fee at their end. A way to reduce the likelihood of this fee is to send the international wire transfer in the currency of their account.
To process a bank wire transfer to San Marino, you may need a SWIFT code. These are different codes for each financial institution and are based on a number of things including the country and individual bank.
SWIFT Country Code
Central Bank Name
Banca Centrale della Repubblica di San Marino