How do I make an international payment / bank transfer?

To make an international payment or bank transfer, it's essential to follow key steps to ensure the process is secure and efficient. Here's how to do it, in English:

1. Consult Your Bank: First, contact your bank to understand their specific procedures for international transfers, applicable fees, and the exchange rate used.
2. Gather Necessary Information: To execute a transfer, you'll need the recipient's banking information, including the full name of the beneficiary, the bank's address, the account number, SWIFT/BIC, and IBAN for European transfers.
3. Decide on the Transfer Method: You can carry out the transfer directly from your online bank account, via your bank’s mobile app, in person at a branch, or using an online money transfer service like TransferWise (now Wise), PayPal, or Western Union. Each method will have its own fees and processing times.
4. Check Fees and Exchange Rate: International transfers can be costly due to fixed fees, currency conversion fees, and margins on the exchange rate. Compare costs between several services to find the most economical option.
5. Make the Transfer: Once you've chosen your method and collected all the information, proceed with the transfer following the specific instructions provided by your bank or chosen transfer service.
6. Keep Proof of Transfer: Always retain a receipt or confirmation of the transfer for your records and in case follow-up is needed.
7. Bank Fees: Remember that bank fees for international transfers must be covered by the tenant. Ensure these fees are accounted for in your transfer to avoid the recipient receiving an insufficient amount.

If you encounter difficulties or if the amount requested by the recipient is incorrect due to the deduction of bank fees, it's important to directly contact the bank or transfer service to clarify the situation.

Making an international payment or bank transfer requires careful attention to details and a clear understanding of associated fees. By following these steps, you can minimize costs and ensure the security of your transfer.