banking gurus help!

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  • sheken
    Confirmed User
    • Sep 2002
    • 135
    #1

    banking gurus help!

    Can anyone explain this behavior from 2CO.com for wire transfers ?

    US Dollar Wire to country with unsupported currency : $ 12.00 USD
    US Dollar Wire to country with supported currency : $ 20.00 USD

    Why would it cost more to wire money to a country with supported currency than to one WITHOUT a support currency ? Makes no sense to me!
    Tags: None
    • Pandemos
      Confirmed User
      • Jun 2005
      • 956
      #2
      Not entirely sure, but it might have something to do with fee allocation, the recipient bank being liable for a portion of the transfer fee if the currency is unsupported.
      http://pandemos.net
      Where Woman > man

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