How to send money with SWIFT

To send money with SWIFT, you need the recipient's bank account details including their SWIFT/BIC code, IBAN or account number, and full name. Visit your bank branch or use online banking to initiate an international wire transfer. Provide all required information, specify the amount and currency, then authorize the transaction. Your bank will route the payment through the SWIFT network, typically taking 1 to 5 business days. Be aware that SWIFT transfers often involve multiple intermediary banks, each potentially deducting fees, and currency conversion margins can be high.

If you're an Indian exporter or freelancer receiving international payments rather than sending them, platforms like Skydo offer a more efficient alternative. Skydo is RBI-authorised and provides faster, more cost-effective cross-border transactions with transparent pricing and better exchange rates. For a detailed breakdown of how SWIFT works and when to use it, refer to this SWIFT money transfer ultimate guide that covers fees, timelines, and alternatives to help you choose the best method for your needs.