Outgoing Tranfers

Outgoing Transfers

The data necessary for the execution of an outgoing transfer to other banks are:

In Branch:

  • Name and address of beneficiary;
  • IBAN of beneficiary’s account (or account number for countries where IBAN is not applied);
  • Name and address of beneficiary’s Bank;
  • BIC/Swift code, or Routing Number, etc.;
  • Purpose of transfer (invoice no, etc.).

Outgoing transfers abroad are subject to the Bank of Albania regulation “On foreign exchange activities”, as amended.

ATTENTION!  Please ensure that the beneficiary’s information you provide is accurate.  Most importantly, please verify their integrity if these data have been provided to you through Internet or e-mail.

BKT is not liable for any possible delay, non-execution of transfer or any other inconvenience, caused by inaccurate customer instructions.

Online via E-Banking or BKT Smart:

The data necessary for initiating of International outgoing money transfer to other banks are:

  • Name and address of beneficiary
  • IBAN/ SWIFTI or  beneficiary’s Bank and account number
  • Currency
  • Country
  • Transfer Commissions as per 3 options:
    • All commissions are paid by Beneficiary
    • All Commission are paid from Sender* 
    • Shared Commissions

*There can be cases when additional fees from correspondent banks might apply

  • Name and address of Beneficiary Bank
  • Purpose of Transfer

Outgoing transfers abroad are subject to the Bank of Albania regulation “On foreign exchange activities”, as amended.

ATTENTION!  Please ensure that the beneficiary’s information and transfer details you provide is accurate.  Most importantly, please verify their integrity if these data have been provided to you through Internet or e-mail. Special characters as % &, [, {, etc. are not allowed during transfer process and it will cause process interruption.

BKT is not liable for any possible delay, non-execution of transfer or any other inconvenience, caused by inaccurate customer instructions.

For more info please refer to Business Terms & Conditions