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???

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. :2 cents:

i hate it too :(

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.

use paypal or epassporte much cheaper. :thumbsup

Wire transfers suck. It's too expensive

same here in italy, thats normal. banks want to get rich any way they can, thats why both ends get charged.

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.

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.

are you joking ?
for 800$ its cost $31.50 in fees with paypal
usually a wire cost me 15$

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.

They rape you on the fees

You Need a new bank , TD Canada Trust = 22$ to send wire , 0$ to receive wire.

Hello,


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

Jack

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:(

if you use a verotel sponsor like the one in my sig the wires are free and weekly

It is depends of bank. But 25-30$ it is normal cost.

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.

Hello,

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

Jennifer

those are the usual costs involved

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

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? :BangBang: :BangBang:

Wrong, verotel charges 12.50$ per wire. Cheaper than most others, but not free

yeah thats correct... damn motherfuckers charge me 35$ per transfer

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.

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.