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Wire transfer Cost
How much do you get charged for International Wire transfers?
The sponsor/processor charges around 30-35 bucks per transfer, BUT then the Bank charges me another 30-35 bucks, which makes the total cost around 70 bucks per wire transfer. :disgust How much do they charge you? . |
If your bank charges you for incoming wire transfers, change the bank to the one which doesn't.
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usually they charge me on my wire $40 - $50
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Outgoing wire fee's are charged by the US gov/treasury? And very from domestic and international. The bank shouldn't make any "profit" on this.
Incoming should be a very small fee if at all any. |
It costs only €2 across Europe, thanks to a new IBAN system.
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bump bump
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One of the reasons I put min payout at $1000. You get fucked in the ass everyway you turn, especially with Australian banks.
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Transferring money will always cost money, all you can do is limit it as much as possible by increasing minimum payouts. Try contacting your bank and see if they have a package that will lower those fees?
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If your bank charges you for incoming wires drop them. 30 for an outgoing international is pretty standard as far as the sponsors end.
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?
Where are you from?
wire transfer from USA to Europe is 30 bucks (ccbill). Also, 7.5 euro I am paying for verotel wire transfer. With every transfer my bank take later 4 or 5 dollars. Recently, verotel started charging 20 eur more per transfer, actually intermediary bank that wasn't charging before. |
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I pay $25 - $35 to the sponsor and another $9 to the bank for every wire transfer... On the other hand, US checks to cash in EU are even more expensive and take weeks to clear. |
I receive multiple wires a month, including international, my bank doesn't charge me one penny. You might want to shop around and find a bank with minimal fees to use just for wires.
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No charge for incoming at my bank.
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Under Regulation and Price. Quote:
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$45 out, $25 in.
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My current bank charges a percentage with a minimum fee, but their currency rates are better (in my favour) than my old bank, which charges a flat fee. So it works out about the same. On top of that they also seem to miss charging any fee at all for a regular fortnightly payment from one particular sponsor... so I'm keeping my mouth shut. :D
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I've been in the middle of a dispute between ccbill and my bank now. Ccbill charges $30 to send a wire, my bank $18 to receive one (fucking 3rd world bullshit). Anyway, somehow in the middle appeared an -what they call- intermediary bank. Beats me, why such a thing is even necessary. But this intermediary bank, which is the same Bank of America as ccbill just another branch, charges $47. WHY THE FUCK, THIS BANK I HAVE NO BIZZ WITH CHARGES MORE THAN BOTH!!
*END RANT* |
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However your bank receiving a wire is screwing you because it costs nothing to "receive" this is your bank just making their money. Banks make most of their money off fee's. |
Totally ridiculous, it's much cheaper for me to cash a check than to even think of receiving a wire, of course it takes time, but that's not an issue.
Talk about second most expensive banking in Europe and probably second most expensive banking in the world. |
$50 to send and $22 to receive = $77 = robbery
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wachovia is $55/transfer
HSBC is free (at least for the first 3 a month which is more than I need) |
$35 to send; $10 to receive.
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