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Old 03-08-2004, 07:16 AM   #1
Pornopat
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Cost of wire transfers

A company charged me $30 to send me a wire transfer from USA to Europe. Costed me $30. Okay expensive but they want to get rich as well.
Problem is when it arrives at my bank my bank charges E 10 as well cause the international transfer is send at "shared costs".
wtf???
They charge $30 to do a banktransfer and this is only halve the costs???
Is this normal practice or am I getting overcharged???
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Old 03-08-2004, 07:21 AM   #2
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Quote:
Originally posted by Pornopat
A company charged me $30 to send me a wire transfer from USA to Europe. Costed me $30. Okay expensive but they want to get rich as well.
Problem is when it arrives at my bank my bank charges E 10 as well cause the international transfer is send at "shared costs".
wtf???
They charge $30 to do a banktransfer and this is only halve the costs???
Is this normal practice or am I getting overcharged???
thats normal. I have seen a lot of sponsors charge $25-$30, but if you are a big time seller they should wire your money for free though.
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Old 03-08-2004, 07:21 AM   #3
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i hate it too
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Old 03-08-2004, 07:22 AM   #4
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Same as for me here in Canada.
Cost me $30 USD to send a wire. They state half is for
my bank and half is for the recieving bank.
Yet, when I get wires to my account, my bank charges
me $10 for each wire recieved.

Doesn't make much sense to me.

I usually like mailing money orders better.
The bank gives me free money orders, and the stamp is cheap.
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Old 03-08-2004, 07:23 AM   #5
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use paypal or epassporte much cheaper.
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Old 03-08-2004, 07:24 AM   #6
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Wire transfers suck. It's too expensive
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Old 03-08-2004, 07:24 AM   #7
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same here in italy, thats normal. banks want to get rich any way they can, thats why both ends get charged.
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Old 03-08-2004, 07:29 AM   #8
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I have an option where you can choose who pays the wire fees - sender or beneficiarry but ussualy I got charge on both sides.
Also my bank offers express wire for 50 USD but you have money on second day - its expensive but really good service.
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Old 03-08-2004, 07:29 AM   #9
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Quote:
Originally posted by Raf1
Wire transfers suck. It's too expensive
I trust dealing with banks a hell of a lot more than with PayPal or anyone similar. It costs me about $15 to recieve a wire from some sponsors, and I usually get charged about $45 to send an International wire.Since the transactions are of a nice size, I never look at this as a problem.
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Old 03-08-2004, 07:31 AM   #10
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Quote:
Originally posted by Doomed
use paypal or epassporte much cheaper.
are you joking ?
for 800$ its cost $31.50 in fees with paypal
usually a wire cost me 15$
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Old 03-08-2004, 07:31 AM   #11
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Quote:
Originally posted by PlatinumPimp


thats normal. I have seen a lot of sponsors charge $25-$30, but if you are a big time seller they should wire your money for free though.
Just got an email back from CC bill telling me this is normal practice. They say its their costs.
Funny how Nasty Dollars only asks $15 for the same thing.
CC bill sends me about 4k a month.
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Old 03-08-2004, 07:47 AM   #12
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They rape you on the fees
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Old 03-08-2004, 07:57 AM   #13
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Quote:
Originally posted by OMG Shawn
Same as for me here in Canada.
Cost me $30 USD to send a wire. They state half is for
my bank and half is for the recieving bank.
Yet, when I get wires to my account, my bank charges
me $10 for each wire recieved.

Doesn't make much sense to me.

I usually like mailing money orders better.
The bank gives me free money orders, and the stamp is cheap.
You Need a new bank , TD Canada Trust = 22$ to send wire , 0$ to receive wire.
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Old 03-08-2004, 08:09 AM   #14
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Hello,


Wire cost from Europe to USA :
15 $ not more.

Jack
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Old 03-08-2004, 09:17 AM   #15
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Quote:
Originally posted by Pornopat
A company charged me $30 to send me a wire transfer from USA to Europe. Costed me $30. Okay expensive but they want to get rich as well.
Problem is when it arrives at my bank my bank charges E 10 as well cause the international transfer is send at "shared costs".
wtf???
They charge $30 to do a banktransfer and this is only halve the costs???
Is this normal practice or am I getting overcharged???
Yeah normal way for that,every time i recived wire bank charge $30 sender and then take me 1,5% of all amount...that sucks but that's the way it is
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Old 03-08-2004, 10:44 AM   #16
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if you use a verotel sponsor like the one in my sig the wires are free and weekly
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Old 03-08-2004, 10:48 AM   #17
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It is depends of bank. But 25-30$ it is normal cost.
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Old 03-08-2004, 11:06 AM   #18
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Yep, that is standard.. We only charge the WM what we get charged.

If the wire is over a certain amount, we will then absorb the cost ourself.
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Old 03-08-2004, 11:07 AM   #19
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Quote:
Originally posted by jack(usamn)
Hello,


Wire cost from Europe to USA :
15 $ not more.

Jack
Hello,

There is no "standard" rate... It varies depending on which bank you use.

Jennifer
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Old 03-08-2004, 12:00 PM   #20
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those are the usual costs involved
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Old 03-08-2004, 12:04 PM   #21
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Depends on your bank. Generally speaking, though, banks that are "connected" to the SWIFT system and Fed system are better, some like everbank.com don't even charge for incoming wires.

-doug
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Old 03-08-2004, 12:09 PM   #22
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i have no fucking idea why international wire transfers couldn't work like paypal.
Now they take 2-7 days, cost much and are so complicated ( different systems are used in different countries ).
I mean, we are living in the 21st century, aren' t we?
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Old 03-09-2004, 09:50 AM   #23
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Quote:
Originally posted by bdld
if you use a verotel sponsor like the one in my sig the wires are free and weekly
Wrong, verotel charges 12.50$ per wire. Cheaper than most others, but not free
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Old 03-09-2004, 09:53 AM   #24
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yeah thats correct... damn motherfuckers charge me 35$ per transfer
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Old 03-09-2004, 09:53 AM   #25
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Quote:
Originally posted by skillfull


are you joking ?
for 800$ its cost $31.50 in fees with paypal
usually a wire cost me 15$
if you dont upgrade your paypal account to premium you dont pay the fees. the only downside is that the basic paypal account cant accept credit card payments.

i have 1 account for credit card payments, and another for not having to pay fees.
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Old 03-09-2004, 09:56 AM   #26
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Wire Fees in Europe:

1) Inside same country: Free for both
2) Inside European via IBAN/BIC: Free for both
3) Foreign wire: depends a lot on receiving country and bank.

Wires from the US to Europe for me usually take under 24 hours to arrive as long as its a one-hope swift, meaning they wire EUR directly to me. The cost, I am not 100% sure, its partly percentage based, it costs something around 10 eur receiving though.
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