Need to transfer money to Sao Tome and Principe? Considering a wire to transfer the money to Sao Tome and Principe? Before you walk into your bank to organise it, be sure to check out the wire transfer fees. It might come as a shock the amount the fees and charges will be and depending on the dollar amount, it might not be worth sending the money by bank wire transfer to send the money by other methods.
What can make it more expensive is in addition to your bank imposing a fee for sending the money to a place in Sao Tome and Principe, the individual getting the transfer may be charged a fee from their bank. A way to reduce the likelihood of the fee is to remit the international wire transfer in their designated currency.
To process a bank wire transfer to Sao Tome and Principe, you might need a SWIFT code. These are unique for each bank and based on references including the country and individual bank.
SWIFT Country Code
Central Bank Name
Banco Central de São Tomé e Príncipe